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FEB 12, 2013 - Zero Hedge

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Will Currency Wars End With A Return To The Gold Standard?

From GoldCore End Currency Wars With Gold Standard? –Bloomberg Interview and FT Op-ed Gold continues to flow from the west to east. Reuters reports that U.S. Commerce Department data showed U.S. exports of nonmonetary gold, which excludes central bank transactions, climbed by 43% to $4 billion in December from the prior month.  That's the highest total and the largest month-on-month jump in U.S. private gold exports since September 2011, when gold rallied to a record nominal high over $1,920/oz. Hong Kong accounted for nearly half of the $4 billion. The Group of Seven nations have ... Read More

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