Wednesday 23 January 2013

Gold & Geopolitics: US, Largest Reserves; China, Largest Producer

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By Prof Michel Chossudovsky:
"Both the US dollar and the Euro currency systems are in crisis. During a period of waning currencies, where the value of money (in paper and/or electronic form) is tumbling, the strategic control over gold reserves and gold production is of paramount importance.
"The issue is not only who controls the stock of central bank gold reserves, but who, namely which countries, control the production of mine gold."