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China sets up largest gold fund, page-86

  1. 12,820 Posts.
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    No, it is you who is wrong Johny. China IS buying gold to allocate in reserves as they would one day like the Yuan to be the reserve currency, just as the US holds more gold now than any other and all other foreign currencies. This is a completely different issue to the development of a non-fiat gold standard by the Chinese, which is gold-buggery.
    Last edited by HCGhost: 27/05/15
 
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