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I'm not entirely sure this headline is accurate, it appears the cable is talking about a public writing in a government run Chinese newspaper. Nonetheless, it's still interesting (and accurate). - ChrisWondering why gold at $1850 is cheap, or why gold at double that price will also be cheap, or frankly at any price? Because, as the following leaked cable explains, gold is, to China at least, nothing but the opportunity cost of destroying the dollar's reserve status. Read More |