China Turning to Copper as Dollar Struggles

Ad Feedback - 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.

Log in or create an account to post a comment.  


Are you seeking answers in life? Are you hurting? Are you facing a difficult situation?

Find peace with God, discover more about God or send us your prayer request.

Call The 700 Club Prayer Center at 1 (800) 823-6053, 24 hours a day.

A caring friend will be there to pray with you in your time of need.

CBN News

CBN News is a national/international, nonprofit news organization that provides programming by cable, satellite, and the Internet, 24-hours a day. Follow us on Facebook, Twitter, and Google+.