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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Lebanese united in rejecting sale of state’s gold

Posted on 22 August 2011

Alternative gold strategies, which include lending it to China for a fee or using the gold to establish a diversified sovereign wealth fund, all go unnoticed because of the missing confidence.
Even under the framework of the current fixed exchange system, questions remain over the credibility of the gold in protecting the Lebanese currency……………………………………….Full Article: Source

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