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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Monday 11 October 2010

China

Is China breaking out or is this a wave 5 ? I don't know but wanted to post the charts.If we are heading into a deflationary environment,which I believe,this would not be bullish for China.There is a good chart on China on ApartofNY's blog .Hong Kong may be accelerating into the 6 month cycle from the April 12 high,which also makes me mistrustful.



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