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Diplomat inadvertently reveals China amassing gold to shore up the yuan: Leeb

Marc Howe | December 20, 2012 | 12:02 am Precious Metals China Europe Gold 

Veteran investor and commodities expert Stephen Leeb claims a Chinese diplomat inadvertently admitted to him that the Middle Kingdom is amassing large amounts of gold bullion for the specific purpose of backing the yuan. In an interview with King World...

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