Another Big Reason to Buy Gold Now

Central Banks Are Screaming - "BUY GOLD!"
It seems everyone has their gold price predictions along with a host of reasons the current gold bull market will keep running.Yes, gold is being bought as a hedge against inflation. Yes, worldwide gold demand is skyrocketing and yes gold as an investment has outperformed almost every other investment over the last decade.But here's another big reason to own gold now.

In 2009 Central Banks around the world became net buyers.During the 9 years prior they were selling gold, every year, by the hundreds of tonnes.In all their wisdom, they deemed paper investments more valuable.With stocks on the rebound from early decade lows, gold converted to stocks looked like a brilliant move.Real estate values were racing to the moon making leveraged mortgage paper look like a gold mine of its own. Even lower more conservative yields of government bonds seemed to provide more benefit than a pile of gold earning nothing.Or was it?

Talk about a blind eye.Almost the entire time central banks were selling, the gold price was rising.By the time the Rumpelstiltskins of the world banks awoke, gold was up 300%, the stock bubble burst and the real estate bubble brought back images of the Hindenburg Disaster.

And the cry went out, "BUY GOLD!"At one point China increased its gold reserves by 76% in just a matter of a few months.India bought 200 tonnes of IMF Gold - then Russia - then Brazil.Now let me ask you this one important question.But be warned!The correct answer may send you immediately to your trusted gold seller to buy as much gold as your IRA or other savings and retirement account can afford.

If gold prices rose 300% when central banks were selling their gold by the hundreds of tonnes to buy paper assets, what will the gold price do when those same banks start selling those paper assets to buy back all the gold they sold?

$2000 Gold?$3000?$5,000?