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Commodities Briefing - Categorized | Bullion/Gold, Commentaries more

Why I remain bullish on gold

Posted on 04 October 2013

I am bullish on gold bullion. My convictions are very simple: central banks in the global economy are going to buy more of it. Their perspective towards the yellow shiny metal seems to be changing. As a result, the demand will increase, and with prices remaining suppressed, the supply will decline.
What we have seen is that central banks around the global economy have become buyers of gold bullion. In the recent past, we have seen central banks from countries like Russia, Turkey, and Kazakhstan add the yellow precious metal to their reserves………………………………………..Full Article: Source


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VRS - who has written 37062 posts on Opalesque Commodities Briefing.


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