“。。。I also had the pleasure to visit Lao Miao (Shanghai's great gold
shop), located at the Yu-Yuan temple garden in Shanghai -- and bought
some small, stunningly beautiful engraved gold pieces there. This
place, in the midst of the global collapse and alleged deflation, was
packed with people -- all middle-class -- buying gold pieces of all
sorts and paying cash -- China is in a boom -- and they have played
everything right -- and are bursting with youth and confidence and,
indeed, with joy... It is just stunning to see it.”