international monetary fund

http://www.news.com.au/finance/economy/us-holds-out-against-new-asian-infrastructure-investment-bank/story-e6frflo9-1227286037463 Thoughts? I wouldn't have thought it'd be that easy to just create another IMF? Is this why China has been hoarding gold all this time?

Can surely only get worse ...... http://www.theaustralian.news.com.au/story/0,25197,24973302-601,00.html I heard from some trustworthy ASF permabulls that Oztraaalian RE is booming though ?? :D