China increases gold reserves by 76%

Discussion in 'Economics' started by endsongs, Apr 25, 2009.

  1. Eight


    The US had tons of gold and a gold backed currency in the Great Depression and they were last to come out of it.. maybe these brilliant Chi Coms have been reading some gold bug stuff on the internet or something...
  2. It's about 2% or so compared to the dollar reserves. The whole thing is whether or not it is the start of a trend.