2011-04-08zerohedge.com

``Are central bankers loading up on gold as they crank up the printing presses and keep interest rates ridiculously low? Whatever the source of the buying, we think investors could do a lot worse than allocate some of their capital to precious metals as fiscal and monetary excess continues around the globe.'' -- Most likely, yes, but this analysis also seems to miss non-central-bank foreign buying (i.e. Chinese workers frantically stashing their earnings into gold and silver).



Comments: Be the first to add a comment

add a comment | go to forum thread