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..?

2 comments:

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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