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"Have We Reached The Breaking Point?", page-75

  1. timber1956
    7,423 Posts.
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    13/09/15
    13:23
    Post #: 15982954
    "China supports Gold-backed currency."

    Does that mean that the Chinese devalued gold on 10 August?

    Screen Shot 2015-09-13 at 5.18.34 am.png
    A "gold backed currency" is meaningless unless there is convertibility of the currency for gold.
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    lightbulb Created with Sketch.  Great analysis
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