Gold Jumps After China Reveals It Bought Another 19 Tons In July
by Tyler Durden
ZeroHedge.com
08/14/2015
Putting what China has just done in very simple context: China announces an increase in its gold holdings of over 58% (June and July)… and then it devalues its currency by nearly 5% in one week. Even the most brainwashed Keynesians should be able to see what is going on here by now.
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