China Imports More Gold From Hong Kong In Five Months Than All Of UK's Combined Gold Holdings

There are several reasons why US economic sanctions against Iran are backfiring.  The biggest being it is accelerating the demise of the USDollar as the global reserve currency, while at the same time, enriching its enemies' gold reserves.  And that list of enemies doesn't just consist of Iran--it also includes China and Russia.

http://www.zerohedge.com/news/china-imports-more-gold-hong-kong-five-months-all-uk-combined-gold-holdings