Central banks buying gold

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Central banks buying gold

posted on Nov 15, 2012 08:00PM

Central banks buying gold so I guess I buying gold stocks many are cheap including Animas.

Central banks bought 97.6t in the quarter. In six out of the last seven quarters, central bank demand has been around 100t, which is a sharp increase from as recently as 2010. The year to date figure for central bank buying is up 9%.

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