Sat, Sep 5, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Bullion/Gold, Market Pulse more

The geopolitics of gold

Posted on 29 May 2013

Western central banks have got themselves horribly wrong-footed as a result of not adjusting their anti-gold policies to allow for the realities of Asian gold demand. Though their dealings are shrouded in secrecy, there is compelling evidence that much — if not most — of Western central bank gold has been quietly sold over the last three decades.
More recently all members of the Shanghai Cooperation Organization, a common security and trading bloc led by Russia and China and incorporating the bulk of Asia’s land mass, have been accumulating gold……………………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 42229 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2015
S M T W T F S
« Aug    
 12345
6789101112
13141516171819
20212223242526
27282930