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Monday, October 20, 2014

UK Bonds Sold In China's Currency

http://www.thenewamerican.com/economy/item/19321-u-k-sells-bonds-in-china-s-currency-adding-pressure-on-dollar

There is an aggressive effort in play to replace the US Dollar as the global reserve currency.  This is an indication of the progress the Yuan is making in becoming that preferred currency.

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