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Central banks to boost gold in 2010

Posted on 15 December 2009

From Resourceinvestor.com: Central banks – the long-time nemesis of the gold sector – are doing an about-face to become its biggest supporters. And this quantum shift promises to gather momentum in 2010 with the prospect of a new era of net buying continuing to fuel robust demand for bullion.

So say several of the world’s most prominent gold fund managers and investment industry gurus. They include John Embry, a renowned, long-time gold advocate and the chief investment strategist at Toronto-based Sprott Asset Management, which runs the Sprott Gold and Precious Metals Fund……………………………….Full Article: Source

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VRS - who has written 38508 posts on Opalesque Commodities Briefing.


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