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Australia to Drop US Fed Reserve Note As Intermediary to Yuan
This has a lot to do with the Chinese gubment getting tons and tons of gold over the past few years, and dropping huge percentages of its US gubment bonds. It also has to do with the Federal reserve creating 85 billion per month in bogus "currency".
http://www.zerohedge.com/news/2013-03-31/thanks-world-reserve-currency-n...
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