China Buying Gold and US Real Estate

This article indicates the Chinese government, the largest holder of US Treasuries, is expecting inflation in the US. 

-Billy Ray

P.S. The ECB just dumped 442 Billion Euros ($622 Bn USD) into the European economy (read story here).   Meanwhile, the FOMC dropped the deflation talk in Fed meeting notes released yesterday (see video and here’s an opinion of what it means).

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