China Continues To Shun The Dollar
As you all know, China is continuing to diversify away from the dollar and is quietly accumumlating gold. Of course, they know that if they plunge head-long into gold, the price will skyrocket. Therefore, they are gradually making their gold purchases while also diversifying into other currencies as well. Here's a link to an article about their recent purchase of Korean bonds.
Again, that is more bad news for the dollar, which, indirectly, is good news for gold.



