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Will Gold Replace Currencies?

Wed 26 May 10 | 02:40 AM ET
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Will Gold Replace Currencies?

Wed 26 May 10 | 02:40 AM ET
Gold has reached record highs in recent weeks, but it will continue to go much higher in price, Ben Davies, CEO, Hinde Capital said. Davies said he views gold, not as a commodity, but as a cash supplement. Less developed countries will buy gold to increase reserves, he added.

Topics:

Currencies  | Currencies  | Europe (West)
 
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