GOLD 0.51% $1,391.7 gold futures

china added 454 tons of gold to reserves , page-4

  1. 1,252 Posts.
    Hmmm, interesting...
    Lets see, in the past few weeks we've learned that;
    1) China (& Russia) want changes to global reserve currency arrrangements (G-20 meeting).
    2) China has made yuan currency swap arrangements with five other nations, the most recent country being Argentina
    3) They're buying a lot of copper
    4) They're buying stakes in mineral producing operations worldwide, and
    5) Now they tell us how much gold they have, the reported number being roughly double what everyone thought they had.

    Sounds like we've got one hell of a $hitfight brewing.

 
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