Friday, January 8, 2010

Gold Trade Of Canada US And Canada Gold Reserves?

US and Canada gold reserves? - gold trade of canada

Why is it that, when combined gold reserves of the largest economy in the world and the largest economy in the world 8 (9 trading nation in the world, 8th ranking) of nominal GDP, the total number would be classified 12th the world, behind countries such as Algeria, India, Hong Kong and Taiwan?
without gold, as a country like the United States will buy the things, when the peso was devalued a lot?

1 comments:

Alik U said...

regardless of how our currency is devalued. Today, few countries are gold. Countries peg their currencies freely in other currencies. For example, the Chinese yuan is pegged to a basket of currencies into euros and dollars in it.

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