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China Buying Tonnes of Gold
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Written by Conan   
Tuesday, 21 August 2012 10:33
There is a rumor floating around that China is trying to pick up roughly 6000 tonnes of gold. The question is why would any country need that sort of stock piling of gold? Coupled with that rumor is the notion that China could possibly back their currency partiality with gold, thus making them more attractive as a new global reserve currency. Fancy that.
 

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