GOLD gold futures
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  1. siameseparrot
    24,765 Posts.
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    23/02/14
    10:17
    Post #: 12972707
    "I do not see gold as being an indispensable ingredient for greater confidence in the Yuan but I don't think it will hurt either."

    My comment:

    Of course gold is an indispensible ingredient for greater confidence in the Yuan.

    Gold backing will become the KEY ingredient that will distinguish the Yuan from the US dollar which is backed by nothing as the Yuan moves to world reserve status imo.
    Value at posting: $0.00
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