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Thursday, December 05, 2013

Korea Exchange to begin physical gold trading

http://www.mineweb.com/mineweb/content/en/mineweb-whats-new?oid=220463&sn=Detail

Korea Exchange Inc. will begin physical gold trading on March 24 as Park Geun Hye's government seeks to wring tax revenue out of a market that's dominated by illegal transactions. The exchange will use 1 gram units of bullion of 99.99 percent purity to spur liquidity and delivery will be in 1 kilogram bars, the bourse said in a statement today

Obviously Folks the Asian community knows something the Born and Bred Americans dopes don't! and what  is that you ask?

Gold is money.

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