More evidence of the transfer of wealth from the West to the East. Citizens of England well understand "Brown's Bottom" when the former Prime Minister sold off the country's gold reserves at rock-bottom prices. The Fed and paper gold holders are doing the same.
http://www.reuters.com/article/2013/05/29/gold-demand-wgc-idUSL5N0E93U920130529?source=email_rt_mc_body
Wednesday, May 29, 2013
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