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Friday, May 01, 2015

China Gold Reserves to Be Revealed After 6 Years of Secrecy

http://thedailycoin.org/?p=27767

The secret stash of China gold reserves we told you about on April 9 may come to light as soon as May, according to a recent Bloomberg report. “China may be preparing to update its disclosed holdings because policy makers are pressing to add the yuan to the International Monetary Fund’s currency basket, known as the Special Drawing Right, which includes the dollar, euro, yen and British pound,” Bloomberg reported on April 20. “The tally may come before the IMF’s meetings on the SDR next month or in October, Nomura Holdings Inc. said in an April 8 report.” The big reveal is a concern for the United States – and the future of the U.S. dollar

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