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Do your duty - become your own central banker

by Eric HardingMarch 19, 2010

Agora’s 5 Minute Forecast – they watch gold purchase of central banks very closely – this is what they found and said in today's 5 Minute Forecast:

"Last year, central banks were net buyers of gold for the first time since 1988. In fact, they bought the most gold in any year since 1964. Total central bank holdings worldwide, according to the World Gold Council, grew by 425 metric tons last year.

AND:

China, India, and Russia all added to their reserves last year.

The reasoning they give:

And it fits into a bigger picture -- growing distrust of the world’s reserve currency."

Let's look at the facts: annual gold production is falling. Gold price predictions show the metal moving higher. Give us a call and ask the question: How to Buy Gold !

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