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Email this article: Peter Schiff: The return of the gold standard
Posted: Sat July 7, 2012 10:26 am
INTERNATIONAL. The return to gold is unmistakably the product of a strategic, not merely a tactical, shift in global central banking policy. Central banks in the developed world have now altogether stopped selling bullion.
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UAE. An advisory body to the UAE government has suggested that the central bank review the country's currency peg to the U.S. dollar, but local bankers said any change to the peg remained very unlikely for the foreseeable future.
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