Friday, November 14, 2008

China Shift Reserves into Commodities and Gold


Jesse's Café Américain: "China Expected to Shift Reserves into Commodities and Gold

'Beijing's reserves could easily go up to 3,000 to 4,000 tonnes...'

The Standard - Hong Kong
Gold rush
By Benjamin Scent
Friday, November 14, 2008

The mainland is seriously considering a plan to diversify more of its massive foreign-exchange reserves into gold, a person familiar with the situation told The Standard."

No comments: