Sunday, September 4, 2011

Wikileaks Discloses The Reason(s) Behind China's Shadow Gold Buying Spree

A pretty interesting perspective provided on zerohedge.com based on info from Wikileaks ...

"Wondering why gold at $1850 is cheap, or why gold at double that price will also be cheap, or frankly at any price? Because, as the following leaked cable explains, gold is, to China at least, nothing but the opportunity cost of destroying the dollar's reserve status." ... http://www.zerohedge.com/news/wikileaks-discloses-reasons-behind-chinas-shadow-gold-buying-spree

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