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I don't think that anyone should be labeled "racist" for making some factual observations. Although some of your comments would need to be verified, in general they certainly deserve careful consideration.
China is a superpower in the making and will undoubtedly act in the best interests of their humongous population. They cannot afford to have discontent among their people and will accordingly act in whatever way necessary. We have all the space and resources that they need.
That's gotta be darned attractive.
maybe they need to restock with "real" gold bars?
tungsten is worth roughly $10 /pound.
"In October, the Hong Kong bankers discovered some gold bars shipped from the United States were actually tungsten with gold plating."
http://www.financialsense.com/fsu/editorials/willie/2009/1118.html
any truth to the story?
Bristow said:In fact they are snopping around in the Yukon, it was report they are after gold.
This could be an issue that we should be concerned about since not only is Canada rich in resources but we are also open to foreign trade deals instead of a protectionist state. I find it kind of odd the theory is coming from Australia since in 2006 an inquiry found that the Australian Wheat Board (AWB) was the centre of an inquiry into the UN's Oil-for-Food program in Iraq. A quote from from December 2006 "A United Nations inquiry found that numerous aspects of the AWB/Alia relationship should have signalled AWB that the cash was going to the Baghdad offices of Saddam Hussein. The inquiry also found that AWB was the biggest single source of illicit funds collected by the regime." This ended up having Australian wheat being discounted in 2007 because of their less than professional dealings with the UN's program.
Also, consistent with the theory listed above, in an interview on Monday (Jan. 11th) afternoon the following was suggested as a geographical area to invest in agriculture: "Brazil and certain areas in South East Asia such as Malaysia and Indonesia. The next growth area, one that the world must turn to, is tropical Africa". Wage and energy costs are too high in Canada for foreign investors to buy up our farmland.
Finally there was a lot of issues going on in 1972 that we now know in hindsight should never have happened. One of those was the wheat robbery of 1972 that involved Russia and Canadian wheat.
China is just being aggressive in obtaining the necessities that they want. If we do not want to lose our companies to foreign ownership - pay up!
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