From Finance and Economics
''One
thing is certain: gold is not part of the old economic
order, which is comprised of the US, UK, Euroland, and
Japan. The new economic order is different, embodied in
the Shanghai Co-operation Organisation (SCO) with its
members, observer states and affiliate nations. Those
interested in the future course of precious metal and
commodity prices should take the trouble to understand
the significance of the SCO. The SCO is already driving
prices in commodity markets, and this transfer of power
from the old to the new economic order is of tectonic
magnitude, but the pace is far from tectonic, more like
volcanic.''
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