Pro-trader,
It's good to have your comment. There is all that evidence you mention that China and Russia have made a strategic decision to convert their reserves, bit by bit, from the US dollars to gold, and also most of the world's central banks have decided to slowly build up their gold reserves.
Again, considering the size and the resources of China's middle class, the totally new policy of the Chinese government to encourage their citizens to acquire gold and silver bars and coins – under supervision and with guarantees on authenticity – is likely to have quite an impact.
Best,
alj
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"Very nice article i agree because i have also read many articles
about CHINA AND RUSSIA not trusting the US dollar and converting
their reserves to gold"
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