World Paper Money In Order To Replaced By Electronic-Digital Currency
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But it now appears that central bank thinking has restructured. For the first time in over 22 years, they have actually become net buyers - led in late 2009 by India's acquisition of over 200 tons of gold. Most of these officials are once again concluding how the yellow metal's strong financial performance means it is a useful counter-weight to the swings with the U.S. dollar, which already been steadily losing value for several years. While gold not really the reasons for the international financial system, it will still be considered by central banks to streetinvestor.ru thought to be crucial reserve asset. Rumors are abuzz that China, as well as numerous wealthy Middle Eastern nations have been quietly scooping up what little gold the International Monetary Fund (IMF) may be offering for sale.
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