July 16, 2012

Central Banks Are Increasing Their Gold Holdings

Central banks are choosing to increase their gold holdings as a percentage of total reserves. They obviously think there is a reason to do that. - in BI


Related: SPDR Gold Trust (ETF), Newmont Mining, Barrick Gold, Goldcorp, Anglogold

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.