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Saturday, February 06, 2010

[Technical-Investor] Will PIGS sell their GOLD RESERVES?

 

Just checked the gold's share in nation's reserves.

http://en.wikipedia.org/wiki/Gold_reserve

  • Portugal Holds around 75% of its reserves in Gold
  • Greece around 70% of its reserves
  • Italy around 60% and
  • Spain around 40%
Will PIGS sell them to reduce deficit?

Regards,
Abhijit.

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