Chinese Public Warned to Expect Further Inflation

Very interesting. This suggests the Chinese officialdom has opted to keep the currency suppressed, causing more apparent consumer inflation. Yet at the same time they are encouraging the Chinese public to buy gold and silver. Put another way, the Chinese state is effectively saying "get into gold and silver or you will lose all your money as we participate in intentional currency devaluation" to 1.3 billion people. Hmm....