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Alasdair Macleod: Arab gold

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Chris Powell
GATA
Published : December 02nd, 2013
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Economist and former banker Alasdair Macleod writes today that Middle Eastern oil exporters are likely to turn away from the U.S. dollar and toward Europe and Asia as the United States reduces its purchases of oil from abroad. Whether those oil exporters put more of their foreign exchange surpluses into gold, Macleod writes, may have as much impact on the gold and currency markets as what China does. His commentary is headlined "Arab Gold" and it's posted at his Internet site, Finance and Economics, here:

http://www.financeandeconomics.org/arab-gold/
Data and Statistics for these countries : China | All
Gold and Silver Prices for these countries : China | All
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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
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