``[The Saudis] have announced a new sovereign wealth fund to be established, independent of their central bank, devoted to prudent investment. Read Gold investment. The indication is clear movement away from the USDollar and USTreasury Bond complex... We could have the first sighting of a BRICS Central bank outpost for processing USGovt debt securities, straight into Gold bullion'... the Saudi SAMA official fund has almost 3/4 of a $trillion, all ready and waiting to exit toxic paper status, and achieve true valid gold reserve status. ''

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