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Central Banks Join a New Gold Rush
The world's central banks are likely to be net buyers of gold in 2009 after spending two decades as net sellers, sparking a race among analysts to figure out which countries may further step-up buying.
Submitted by
InflationCase
11/10/2009
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InflationCase
11/10/2009
InflationCase is playing it
GLD
Long
5.44%
IAU
Long
89.46%
I am playing this headline with (GLD IAU) because India's purchase has thrown central banks back into the spotlight as a potentially powerful force behind gold.
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