I was watching a Chinese financial show here the other day. Let me provide
you a loose translation:
Host: Why Dumbs ass American buy paper gold? They think real?
Guest: Dumb ass American very stupid. They buy and sell paper gold, we just
buy real stuff. Some day they wake up…no more real gold to buy. Their
gold ticket worth nothing. Willie Wonka default on the golden ticket.
Gold ETF no pay.
Host: American government no bail out?
Guest: Yes, bail out for bank but not stupid little people. American not know.
American now make nothing, only consume. Not know difference between
paper and real. American now only make porno films and autistic kids.
Get poorer and poorer.
Host: Thank for being on show.
(Bumper Music: Dire Straights….I want my EBT…Money for nothing and your chics for free)