The American Empire in a Changing World


Sunday, June 24, 2012

''Why low rates draw investors to gold''

From StockHouse

''Central banks continued to buy gold; net purchases recorded during the first quarter, 2012 amounted to 80.8 tonnes, accounting for around 7% of global gold demand. Central banks from a diverse group of countries added to the overall holdings of the official sector, with a number of banks making sizable purchases. Diversification requirements and growth in foreign exchange reserves of a number of countries point towards a continuation of this trend." World Gold Council (WGC) report''  

read more

No comments:

Post a Comment