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China may ban export of gold, silver
Mining companies are reportedly encouraging employees to convert some of their wages to gold on payday. Gold is traded in some form 24 hours a day. And paper proxies for the metal are also soaring in popularity. There are persistent rumors that the export of silver has already been banned. Gold could be next. Thus China, which only yesterday was the lowest per-capita consumer of gold in the world, is bidding to become the biggest. Read News
