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Why is gold marching higher? Ask the central bankers
Nov 20th, 2009 16:26 by RS

by Connie Madon
Nov 20th 2009 (Blogging Stocks) — The rally in gold just doesn’t want to quit. You are probably wondering what is going on. Central banks around the world hold gold reserves. Periodically, they buy or sell gold, depending on how they view world markets. Right now, central banks are net buyers, the first time since 1988…

Add to this mix the fact that gold production is actually declining and you have the makings of a raging bull. Predictions are all over the lot. Some analysts see $1300.00 per ounce, others are predicting $2500.00 per ounce and higher.

[source]

FRIDAY Market Excerpts
Nov 20th, 2009 15:27 by Daily Market Report
Gold Contrarians Will Get Killed
Nov 20th, 2009 15:16 by RS
Gold Rises for Sixth Straight Session on Bets Dollar to Drop
Nov 20th, 2009 13:18 by News
Gold’s Bull Run Is Only Beginning
Nov 20th, 2009 09:36 by News
USAGOLD MarketMinute podcast is posted
Nov 20th, 2009 09:34 by PG
US gold drops on dollar rise, sentiment strong
Nov 20th, 2009 09:03 by News
THURSDAY Market Excerpts
Nov 19th, 2009 15:59 by Daily Market Report
Hedge Funds
Nov 19th, 2009 15:34 by PG
Quantitative Easing Operations
Nov 19th, 2009 13:45 by News
The RBI’s tiny pot of gold
Nov 19th, 2009 13:15 by RS
Russia to sell 30 tonnes of gold to central bank
Nov 19th, 2009 12:16 by RS
Gold Is Not Just An Inflation Hedge
Nov 19th, 2009 11:31 by News
Stocks follow overseas markets lower, dollar rises
Nov 19th, 2009 08:16 by News
Gold Rush to Prevail on Demand, Low Rates, Weak Dollar
Nov 18th, 2009 22:04 by News
WEDNESDAY Market Excerpts
Nov 18th, 2009 15:15 by Daily Market Report
Wrap Your Head Around Gold
Nov 18th, 2009 15:11 by News
Gold set to extend record high
Nov 18th, 2009 14:15 by News
$2,400 Gold
Nov 18th, 2009 10:42 by News
Patterns Suggest Gold Will Keep Climbing
Nov 18th, 2009 10:06 by News
SoGen: India’s bullion buy starts gold bull-run
Nov 18th, 2009 09:51 by News
USAGOLD MarketMinute podcast is posted
Nov 18th, 2009 09:44 by PG
Gold climbs past $1,150
Nov 18th, 2009 08:28 by News
Gold hits new record but falls back to $1,140
Nov 17th, 2009 23:22 by News
World ‘can no longer rely on dollar’
Nov 17th, 2009 23:04 by RS
Warnings on gold stocks
Nov 17th, 2009 22:19 by RS
On IMF gold sales. . .
Nov 17th, 2009 18:34 by RS
TUESDAY Market Excerpts
Nov 17th, 2009 14:24 by Daily Market Report
Quantitative Easing Operations
Nov 17th, 2009 11:48 by News
USAGOLD MarketMinute podcast is posted
Nov 17th, 2009 11:09 by PG


Author key: MK - Michael J. Kosares; GC - George Cooper; PG - Peter A. Grant; JK - Jonathan Kosares; RS - Randal Strauss; JL - Jeffrey Lee. [see also 10 yrs of Discussion Archives]


The opinions posted by all guests at this forum are expressly their own and do not necessarily represent the views of the management or staff of USAGOLD - Centennial Precious Metals. The hosting of this forum shall therefore not be construed as equivalent to endorsement by USAGOLD - Centennial Precious Metals of any of the opinions posted here.


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