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Koos Jansen: The need for China to buy gold

Section: Daily Dispatches

10:40p SRT Sunday, February 2, 2014

Dear Friend of GATA and Gold:

China needs to buy gold, gold researcher and GATA consultant Koos Jansen writes today, not because its gold reserves are small but because they are only a tiny fraction of China's total foreign exchange reserves, which are hugely vulnerable to what China now expects to be the inevitable devaluation of the U.S. dollar. Jansen's commentary is headlined "The Need for China to Buy Gold" and it's posted at his Internet site, In Gold We Trust, here:

http://www.ingoldwetrust.ch/the-need-for-china-to-buy-gold

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



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Jim Sinclair plans seminar in Austin

Gold advocate and mining entrepreneur Jim Sinclair will hold his next market seminar from 2 to 6 p.m. Saturday, February 8, at the Austin, Texas, Airport Hilton. Advance registration is required. Details are posted at JSMineSet.com here:

http://www.jsmineset.com/2014/01/02/austin-texas-qa-session-confirmed/



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