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Tag Archives: Central banks
Gold Rockets Higher as Global Central Bankers Shout Buy
If global central bankers were traders on the floor, they would be crowded on the top step of the trading pit with their hands facing inward shouting “buy, buy, I’ll buy it all.” The roar of the global central bank … Continue reading
Posted in Editorial, Financial
Tagged Central banks, Gold
Comments Off on Gold Rockets Higher as Global Central Bankers Shout Buy
Why Are Central Banks Buying Gold?
Central banks are buying gold to back up their currencies when the worldwide economic collapse occurs. How much will gold rise? Morgan Stanley believes it will hit $2175 in 2013. Most conservative estimates are at least $2000 in 2013. If governments … Continue reading
Posted in Editorial, Financial
Tagged Central banks, Gold, NC Renegade
Comments Off on Why Are Central Banks Buying Gold?
Why Are Central Banks Buying Gold?
Why are central banks buying gold? A simple question with a simple answer: Central banks are expanding reserves due to concerns about the dollar, euro, sterling and all fiat currencies. There is an increasing realisation amongst central bankers that gold … Continue reading
Posted in Editorial, Financial
Tagged Central banks, China, Gold, manipulation, NC Renegade, Reserve Currency
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