More Beijing Embassy Cables Show China Sees Gold as Central in Currency War

From GATA's website http://www.gata.org/

Submitted by cpowell on Tue, 2011-09-06 00:58. Section: Daily Dispatches


9:17p ET Monday, September 5, 2011

Dear Friend of GATA and Gold:

More news media-monitoring cables from the U.S. Embassy in Beijing to the State Department in Washington show that both China's government and the nation's financial press, tightly controlled by the government, consider gold to be the main weapon in a world currency war that is under way.

The additional cables, published a few days ago by Wikileaks and located by GATA's Irish friend R.M., disclose that China thinks that the United States is trying to prevent China's foreign exchange surplus from being converted into gold because the U.S. and its European allies plan a return to a gold standard that will favor them because they hold most of the world's gold reserves.   LINK...

James Turk Interviews Legendary Jim Sinclair at the GATA Conference

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A MUST SEE interview!
Possibly two of the most talented and experienced gold investment professionals in the world! Jim's number of $1,764 is not far away.  BK