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(Untitled) Oct 19th 2013, 23:27, by noreply@blogger.com (Cliff Küle) Gold & China  To Dominate The World "We've had so many false starts and promises -- 'The economy is going to be great in 2010,' and it's not. 'It's going to be great in 2011, 2012, 2013,' and it's not. Now, they are already talking about it being 'great in 2014.' But we are actually regressing, even though the central planners don't want to admit it, because the numbers are all manipulated in one way or another .. It will happen that gold will be accepted as the asset to back a major currency. And the currency with the most gold behind it, which I suspect is already the Chinese yuan, and growing rapidly, will be the dominant currency going forward. Of course this doesn't portend well for all of the central planners currencies. The Chinese are doing the smart thing by buying real physical assets. So I guess the best way of putting it is, just follow the Chinese, my friend, and you are going to be OK here." - Eric Sprott* link here to the article

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