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Epoch Times: China uses gold to pursue global power

Section: Daily Dispatches

4:13p ET Friday, April 24, 2015

Dear Friend of GATA and Gold:

China's strategy in acquiring substantial amounts of gold, possibly as support for the inclusion of the country's currency in the Special Drawing Rights issued by the International Monetary Fund, is the topic of a report by Valentin Schmid in today's edition of The Epoch Times. Your secretary/treasurer is quoted about the longstanding recognition by the United States that whichever nation has the most gold can control its price and thereby control the value of all other currencies. The Epoch Times' report is headlined "China Uses Gold to Pursue Global Power" and it's posted at the newspaper's Internet site here:

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


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