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Chinese economist urges country to buy gold, U.S. land
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Thursday, June 25, 2009
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From Clusterstock:

How might you hedge your exposure to a weakening dollar? Well, you might buy land and gold, to name a couple of popular assets.

Well, a top Chinese Communist Party economist is urging his country to do the same thing.

The gold part isn't all that exciting, really, since we know China is snapping up commodities left and right. But the land part is interesting, particularly because he's saying the government should buy land in the US.

Read full article...

More on China, gold and real estate:

The No. 1 reason to buy gold

Why gold is headed for bubble territory

Chinese investors gobbling up gold bullion

World's best money manager gets WAY long real estate

Billionaire guru Paulson makes another big real estate bet

Topics: China | Gold | Real_Estate
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