OTCQX:MEAUF - Post by User
Post by
railwazeon Jan 03, 2014 2:18pm
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Post# 22056796
Come on Chinese Gold-Backed Currency - The Yuan
Come on Chinese Gold-Backed Currency - The YuanA Chinese gold-backed currency would send gold prices much higher........interest rates in canada and the US would move higher as bond buyers would want higher yields.....bond prices would fall........yields would automatically go up......as neither currency would be gold backed. Mortgage rates would follow the bond market.