2013-07-06kingworldnews.com

``All of the sudden the yuan is on the verge of becoming a reserve currency.  If you think that trend is going to stop any time soon, forget it.  But Germany continues to go it alone.  They continue to be the one European country after gold.  They want to be the hub of yuan trading.  So you can see how the world is developing, Eric.

...

When you look at what's happened (to gold) in 2013, it will go down as the last desperate attempt to hold gold back. The West still had one gun left and they fired it in 2013. This was something that had to happen. The West was going to do whatever it could to keep gold down. But eventually it won't be enough.



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