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Top Chinese Economists Call For Government To Ditch U.S. Treasuries And Buy Gold
Comments
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            I think I've strayed into a James Joyce novel.0
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            There is - but first you have to be cas trated before being invited to join...
 I feel at this point we need Cleaver to write a very funny post on what each of the regulars would be doing at an orgy?
 Is there an underground club(?), it appears I'm missing out on all the swinging parties.I think....0
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            However I believe the answer to the OP is (See Generali's thread on the value of gold) that there is not nearly enough gold in the world for the Chinese to convert their USD holdings to gold.I think....0
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            former advisor to the Chinese central bank, and influential economist, has called for his nation to diversify away from U.S. treasury holdings.
 This comes after China cut its U.S. treasury holdings by $32.5 billion in May:
 
 Something like this is bound to happen in the end.
 Russia too have been talking about similar things.0
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