Capturing the China Cat

Look for awhile at the China Cat Sunflower Proud-walking jingle in the midnight sun Copper-dome Bodhi drip a silver kimono Like a crazy-quilt stargown Through a dream night wind Krazy Kat peeking through a lace bandana Like a one-eyed Cheshire Like a diamond-eye Jack A leaf of all colors plays A golden string fiddle To a double-e waterfall over my back Comic book colors on a violin river Crying Leonardo words From out a silk trombone I rang a silent bell Beneath a shower of pearls In the eagle wing palace Of the Queen Chinee
– Robert Hunter
I noticed that the recent precious metals price bounce was attributed to the decision of the European Central Bank and the Peoples Bank of China (PBOC) to go ‘all in’.
Both central banks made new official stimulus announcements. I don’t think the events were related to price. However, China is far from disconnected from that which will ultimately drive value.
China, almost by definition, is a heterogeneous entity. There is no way to properly elucidate or define such a large, complex, and ever-changing entity. China can be understood or described by using only the broadest of strokes and a sterile canvas.
Economics and finance can serve as one such portrait. China will lurch toward achieving first world status – but it will not go without spillover effect with the surround. Hence the wars will go on.

This post was published at Silver-Coin-Investor on Nov 30, 2014.