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<p>[QUOTE=&quot;Cloudsweeper99, post: 604812, member: 3011&quot;]Central bankers, of all people, know what can happen to countries with insufficient reserves [e.g., Argentina].&nbsp; When most currencies around the world are losing purchasing power, central bankers will resort to the time honored tradition of holding gold.&nbsp; I&#039;m sure China is happier with their gold holdings than their dollar holdings.&nbsp; The higher the price goes, the more they need to hold onto it as the only port in the storm of currency devaluations all over the world.</p><p><br /></p><p>Time will tell.[/QUOTE]</p><p><br /></p>

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