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On Location2015-11-14T11:02:52+00:00

No, BRICS Are Not Hoarding Gold and Gold is Not Replacing the Dollar

Conspiracy theories abound that the dollar is doomed because BRICS countries are buying up gold. However, little has changed. China and Russia have long held substantial gold reserves, and China’s foreign-exchange reserves continue to be dominated by U.S. dollar assets.   For some reason, humans

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