[quote=arraya]Flu-That is a big story and one to be watched. I’m wondering if that was strategic by Geithner in some way. I saw an article from foreign press a few weeks ago on how china was toying with the idea of a gold backed currency.
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So the idea is you give China your gold and they give you a piece of paper? I don’t know which I’d least rather do at this point: buy U.S. treasuries or give China gold.
