Premier Wen : Rebuffing Yuan Calls Risks Retaliation From U.S

March 15 (Bloomberg) -- Bloomberg's Susan Li and Paul Gordon report on the Chinese government's policy on its currency. Premier Wen Jiabao yesterday rebuffed calls for the yuan to appreciate, risking a further downturn in relations with the U.S. where lawmakers and economists say his stance is hampering a global recovery. (Source: Bloomberg)

Jim Rogers : Buy gold, silver and copper

LONDON (Commodity Online): Noted commodities investor and author of bestselling books like Hot Commodities and A Bull in China Jim Rogers says investors should continue to buy gold, silver and copper as governments across the world are dishing out heaps of printed currencies with declining values.

Rogers’ comments came in the wake of the deep deft crisis that the Greek government has been caught in and the joint ongoing efforts from European Union countries to salvage the sinking Greek economy.

Rogers, who is well-known for articulating his faith in commodities investments, says that the bankruptcy of Greece should in fact benefit currencies like the Euro. In fact, he said, the European countries should allow Greece to go bust because it would then immensely help the Euro.
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Department of Defense Official Caught On Video Selling Secrets to China

Department of Defense Official Caught On Video Selling Secrets to China
Watch as a Dept. of Defense employee is caught on tape selling defense secret to a Chinese spy. 60 Minutes' Scott Pelley reports, Sunday, Feb. 28, 7 p.m. ET/PT. Bush China December 27, 2001 and The South China Sea Spy Plane Adventuire ....... Look it Up!!!! That is where the jobs went and they are not coming back, ever! Remember Made in America ? That is over. The fall of a great nation to Politician swindlers and foreign national interests.

All eyes on China and its Central Bank

Import Export and Inflation rise in China

China's consumer price inflation rose a faster-than-expected 2.7% in February, the sharpest increase since October 2008. Coming on the heels of Tuesday's strong import/export data and amid a surge in real estate speculation, China's central bank may take more action to quell growth in the world's most populous nation.

The People's Bank of China (PBOC) has raised bank reserve requirements in recent months, but may now feel compelled to hike its lending rate, something it hasn't done since 2007. In addition to the data above, the PBOC must be concerned that the nation's banks made 1.39 trillion yuan in new loans in January, or 18.5% of the government's full-year target, according to Xinhau.

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