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Re: diamondguru-one post# 88127

Friday, 11/28/2014 4:02:37 PM

Friday, November 28, 2014 4:02:37 PM

Post# of 222375
No there are four:

Brazil, Russia, India and China

hence "BRIC"

http://www.investopedia.com/terms/b/bric.asp

and the market determines the gold price...not any one country.

As for China at 45%...not even close

http://en.wikipedia.org/wiki/Gold_reserve