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Re: 12thman post# 39200

Friday, 02/11/2011 12:22:08 PM

Friday, February 11, 2011 12:22:08 PM

Post# of 48964
* "China is taking several initiatives to raise the country’s reserves in gold and silver in 2011 in an attempt to globalize the Yuan. The main strategy is to buy gold and silver reserves when prices of these precious metals fall. China, the largest producer of gold, had announced last year that it would considerably step up gold reserves in the next decade to the tune of 10,000 tons. Currently, the Chinese gold reserves stand less than 1200 tons," reports Commodity Online.


The TRICYCLE of DEATH !