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China Daily | Updated: 2013-05-17 08:34

Can the US dollar stay strong?

The price of gold continues to fluctuate because US "financial wizards" are still using the futures market to influence it. Also, huge amounts of capital have been reportedly withdrawn from the gold market and invested in shale gas to boost the natural gas industry. But, an article on www.gmw.cn says, can the so-called shale-gas revolution help the US dollar to remain strong? Excerpts:

American financial oligarchs are taking measures to suppress the price of gold mainly to maintain the value of the US dollar. Unlike gold, the dollar can be issued at will to suit economic needs. But this could easily lead to serious inflation.

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