Bloomberg Gold Research Report
(January 15, 2014 - Bloomberg)
Is it the beginning of the end for the Dollar? Comments from state-backed Xinhua that call for a "de-Americanized world" and a proposal to consider a new international reserve currency to replace the dollar mark a key event for gold prices.
While the Chinese echoed the notion of a "super-sovereign reserve currency" before, their recent statement may have more sticking power as the U.S. struggles to reach agreements on dbt ceiling talks and monetary policy actions. . . .
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