Thursday, 7 June 2007

China's wealth

The people's Bank of China now has the biggest pile of dollars in the world 1 Trillion of them.
Now they have a problem, what do they do with them. If the dollar continues its decline in value by the U.S printing presses working overtime to produce more of them, it does not sound like a good idea to keep hold of dollars to long.
The answer lies in buying the best protection possible in a troubled world and thats good old GOLD.

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