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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.
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ReplyDeleteHP
Deletehttp://www.theaustralian.com.au/business/opinion/china-helps-fuel-golds-rise-as-soros-piles-in/story-fnciihm9-1226467118315
ReplyDeleteThey aren't launching it yet though. They are still in the preparation phase.