This is further evidence the USDollar is beginning to lose its status a the global reserve currency. Do readers think I'm being hyperbolic? What were your opinions when I declared US Treasury debt was not deserving of its AAA credit rating--2 years ago?
http://www.bloomberg.com/news/2011-10-16/hong-kong-starts-trading-bullion-in-yuan-to-tap-triple-demand-.html
Monday, October 17, 2011
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