129779483468593750_28Huijin network, April 3--since at least the end of 2010, commentators have been large-scale purchases of gold's move called the Gold Chinese people this "barbarous relic" (Cairns), and a support. Focus of the discussion is to crack a mystery: why China wanted to buy so much gold. However, a little historyNo surprise to find this. Has a long history of ancient Chinese dynasties have large hoard of gold. According to Duke (Duke University) scholars Dabbous (Homer Dubs) in the journal of economic history (The Journal of Economic History) in May 1942 issueAccording to table article, before and after the year 23 during the Wang Mang, the Treasury has about 5 million ounces of gold. Dabbous said, before Wang Mang Emperor Wu built up 1.6 million ounces of gold. For comparison, according to estimates Dabbous, gold of the ancient Persian Empire control only the equivalent of ancient Chinese 1%, in the heyday of the Roman Empire
tera gold, Treasury of hoarding yellowGold is equivalent to about 8% of people in ancient China. Dabbous said total reserves of 3.7 million ounces of gold in Europe in the middle ages, and between 1503 and Spain during the colonial America 5.83 million ounces of gold mined in. In view of this, the ancient Chinese dynasties of the State Treasury may was the highest concentration of gold reserves a place in history. Therefore
tera power leveling, ChinaThe precedent Government hoarding large amounts of gold. Vigilance is: Dabbous pointed out that Wang Mang is by preventing their people hold ultimate control of gold and so much gold. 6, Wang Mang's effect, nationalization of gold ownership, private gold confiscation in the hands of, all uses by the Government
tera gold, as it did in 1933 United States President Roosevelt (FrankLin Delano Roosevelt) implementation practice. Gold prices may be rising from the current price, may also fall. But Chinese is a relative newcomer on the gold market player, but the oldest player.
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