China Turning to Copper as Dollar Struggles

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CBNNews.com - Many economists have expected China to start moving into gold because of the dollar's decline.

But the London Telegraph reports China's government is buying copper and other industrial metals.

One analyst says China has decided the west is a black hole with all the money that is being printed and that buying important metals like copper is a better deal.

It helps China's economy and avoids losses if the dollar does lose value on the international markets.

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