Tag Archives: gold backed currency
China May Launch a Gold Currency
November 12, 2012It was over a year ago that we reported on leaked US State Department internal cable from the Embassy in Beiging released by Wikileaks describing China’s plan to undermine the US Dollar hegemony by increasing China’s gold reserves. From 2003 … Continue reading
Posted in Monetary Policy | Tagged Chinese gold, gold backed currency, Gold Standard, Good Delivery bars, Money Monday, US Dollar hegemony | Comments on Facebook