Thursday, June 23, 2011

Central banks net buyers of Gold in 2011 and 2012 says Michael Haynes

Central banks net buyers of Gold in 2011 and 2012 says Michael Haynes "Central banks have stopped selling their gold and have started buying gold," Michael Haynes, CEO, American Precious Metals Exchange told CNBC Thursday.


Buying Gold in Germany is not easy !

James Turk of GoldMoney Foundation interviews Dr. Bruno Bandulet from Germany about his outlook for the Euro , the Gold situation in Europe and in Germany in particular , the Greece crisis and debt and its consequences on the Euro and the demand for Gold in Europe , the future of the Euro , should Germany go back to the Deutschmark or should Greece go back to the Drachma , The Euro which started as a fairy stable currency at the image of the Deutschmark has become like a french Franc and could end as an Italian Lira . Switzerland introducing the Gold Franc via a popular referendum it would circulate parallel to the paper Swiss franc and allow the swiss to save in gold.





Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

India Silver & Gold Imports Up By 222% / China Is Minting 100% More Silver Pandas Than Planned!


The People's Bank Of China has reported that they will mint twice as many Silver 1 oz. coins to meet demand this year than they had planned. We also has recent news that India's demand is off the charts with a $9 Billion import of precious metals in May 2011 alone.The import of gold and silver by India has risen by a whopping 222% between April and May 2011, as compared to a year ago. In the month of May alone, imports were a staggering $9 billion, with gold demand growing 25%.



MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
DAILY NEWS ON BOOZE