Monday, April 13, 2009

Is China going to buy IMF gold?

'China ready to buy IMF gold with a telephone call' (Business Intelligence Middle East)

Officially Reported Gold Reserves (Wikipedia)

Check out the table in Wiki. Gold percentage of the total Chinese reserve is only 0.9%. Maybe Japanese (1.2%) or Russians (2.2%) want to convert their foreign currency reserve to gold..?


Jelly Gamat said...

great articel,,, nice blog ... thank you ,...

Jelly Gamat said...

nice post... your blog is very beatiful for me ..
thank you so much

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