The Chinese and Russian central banks are building their Gold reserves and clearly cutting their "risk exposure" by dumping US Bonds (debt).
- They are either (a) NOT as smart as Ben Bernanke who has asserted that Gold is not money, or (b) Ben is 'talking his book' (lying through his teeth), or (c) an whole lot smarter than the Mensa candidates running the show in the US. Pick one.
Saturday, 25 February 2012
Cutting risk exposure.............from Rico
From Theo Spark at 14:47
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