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China already may have second largest gold reserves, Leeb says

Section: Daily Dispatches

11a PT Wednesday, January 23, 2013

Dear Friend of GATA and Gold:

Fund manager Stephen Leeb today tells King World News that China already may have surpassed Germany with the second largest official gold reserves in the world. Leeb adds that the Basel liquidity rules for banks imply that they are all "scared to death" that people might start recognizing gold as a currency. An excerpt from the interview is posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/1/23_Ch...

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



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