Jumat, 27 Januari 2012

Central-Bank Gold: Joining the Dots



From BullionVault, Friday, 27 January 2012



by Adrian Ash



Yes, central banks are holding more gold. But they’re holding very much more wood-pulp on top…

THE GOLD PRICE on Wednesday broke up through the downtrend starting at last summer’s record high. Or so a technical analyst studying the price chart would tell you.

But just as in late 2007 – from where gold began a 55% run inside 6
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