“Gold prices are down about 12.5% since the start of April. But global central banks have been increasing their reserves of the yellow metal. A new report from the World Gold Council shows that central banks bout 109 tonnes of gold in the first quarter. This was the seventh straight quarter in which they purchased over 100 tonnes of gold. According to the WGC, Russia and South Korea were among the biggest buyers of gold.”
http://www.businessinsider.com/central-banks-buy-gold-in-q1-2013-5
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Jim Rogers with Max Keiser: Gold, Bonds, & China
Missouri Cops Ignore State Law, Divert School Funding To Themselves
The Government-Created "ME ME ME Generation"
President Obama Nominates Penny Pritzker for Commerce Secretary
How To Make Things Worse: Value-Added Tax
Pentagon Unveils Pivot From War On Terror To New Cold War
The Strange Case of Lagarde, Influence Peddling and the IMF
One Of These Is Supposed To Be Satirical
Watch: Helmet cam recording of jump from the edge of space
The Fed’s Dreaded Dilemma: A Weak Economy Plus Inflation
Keynesians Use Thomas Edison's Advice For Destruction
On Life Remotely: An Interview with Jessica Mans
Immovable law collides with unstoppable Bitcoin casinos
Tracking School Children With RFID Tags? It’s All About the Benjamins
Cubans Are Starting Small Businesses, but the U.S. Is Hurting Them