Tuesday, September 30, 2014

Why Is China Hoarding Gold? Alan Greenspan Explains

"Why Beijing Is Buying
By Alan Greenspan, first posted in Foreign Affairs
If China were to convert a relatively modest part of its $4 trillion foreign exchange reserves into gold, the country’s currency could take on unexpected strength in today’s international financial system..."

at http://www.zerohedge.com/news/2014-09-30/why-china-hoarding-gold-alan-greenspan-explains

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