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Koos Jansen: Russia, China aim to unseat the world reserve currency

Section: Daily Dispatches

10:24p ET Thursday, October 1, 2015

Dear Friend of GATA and Gold:

Gold researcher and GATA consultant Koos Jansen notes tonight that China and Russia continue to add to their gold reserves and argues that there is more purpose to this than simple diversification of their foreign-exchange portfolio. That is, Jansen contends, China and Russia went to deny the United States the privilege and power of controlling the world reserve currency. Jansen's commentary is headlined "Chinese and Russian Central Banks Continue to Add Gold to Official Reserves: 16 and 31 Tonnes in August" and it's posted at Bullion Star here:

https://www.bullionstar.com/blogs/koos-jansen/chinese-and-russian-centra...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.



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