Wednesday, 13 March 2013

Why are Russia and China Increasingly Stockpiling Gold? ≈ Find Articles, Free Articles Directory | Economics Articles

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Why are Russia and China Increasingly Stockpiling Gold?
Mar 13th 2013, 17:23

Why have Russia and China now been increasingly stockpiling physical gold? China is just moving it materially to Hong Kong and Shanghai. They are not storing it in foreign Central Bank depositories as much anymore. Even Germany and other countries are now requesting to have their gold repatriated outside of U.S. Central Banks.

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