Revaluation Of RMB will help push Gold price higher


















Gold price in long term is always moving up, after revaluation of RMB China sure will buy more gold because the price is lower in RMB and when demand is high so the price may jump.

In 1H2010, China and India is the biggest buyer of gold in the market and Euro and US is the biggest seller of gold. Printing more money to liquidity the market will cost high inflation and short term share market up but long term Gold will benefit most.

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