Only one country is in a strong financial position:
The golden rule is he who has the gold -rules
China has figured out its strategy ex cash particularly USD and into gold
Producers benefit
China confirms it's bullish on bullion
Monday, 27 April 2009 | The Australian Financial Review | Stephen Wyatt SHANGHAI
Gold prices rallied a little after China announced that it had increased its gold holdings by 76 per cent over the past six years to become the world's fifth-largest holder of the precious metal after the US, Germany, France and Italy.
Only one country is in a strong financial position:The golden...
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