Wednesday, January 30, 2013

China Launching Gold Backed Global Currency!

The People’s Bank of China:

China Launching Gold Backed Global Currency.

China is recasting all of their gold reserves into small one kilo bars in order to issue a new “gold-backed” currency. Many say this will disrupt global trade and will eventually cause a collapse of the US dollar.



    They aren't launching it yet though. They are still in the preparation phase.


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