Interesting Read- "Moscow prepares to raise $1bn in China currency bonds"

BlueJaysBlueJays Posts: 82 Bronze ✭✭✭
edited December 2015 in About Gold
Link- ft.com/intl/cms/s/3/6b7036c4-9a8e-11e5-a5c1-ca5db4add713.html#axzz3u1zm8h00

With Russia preparing to raise 1bn in renminbi-denominated sovereign bonds, when will the speculation hit abroad that theres an iminent threat on "The Global Reserve Currency" ...... imagine waking up one day and China announces that the renminbi dollar was able to be convertible to gold at a fixed exchange rate...IOU or GOLD??? Im going with Gold!!! What are some thoughts?



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