Dubai crisis leads China to buy oil, gold
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Post by Melissa Pistilli, Gold Reporter
Post by Melissa Pistilli, Gold Reporter
Reuters reports that Dubai’s debt crisis gives way for China to buy gold and oil assets.
The news release is quoted as saying:
If the gold price comes down for a while, we might take the opportunity to buy a bit,” the Economic Information Daily, run by Xinhua news agency, quoted economist Li Yining as saying.
Click here to access the entire news release
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December 6th, 2009 at 4:57 pm
[...] the original: Dubai crisis leads China to buy oil, gold By admin | category: gold investing | tags: china, debt-crisis, dubai, gives-way | [...]
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