Download - Why Gold Will Make A Comeback
Gold has been falling in price since late 2012 and investors have lost faith.
But central banks around the world have been buying up as much
gold as they can.
In 2012, central banks bought 535 tonnes of gold, the most
since 1964.
According to the World Gold Council, central banks will add another
record 550 tonnes in 2013.
In January, 2013, Germany retrieved 674 tonnes of gold from its accounts
in New York and Paris.
The German Federal Bank describes this move as a…
Russia has doubled their gold reserves over the past 5 years.
The Russian Central Bank says it wants to…
China is very secretive about their gold holdings.
But given domestic production, imports from Hong Kong,
and other means…
…some estimate that China may hold as much as 4,000 tonnes
by the end of 2013.
And in March, 2013, their imports from Hong Kong doubled.
Why so much gold?
In the first two months of 2013, a number of other countries
added to their own stockpiles.
The headlines might scream “strengthening dollar”, “growing
economy” and “falling gold.” We’re saying… just wait.
Debt accumulation will continue…
The dollar will depreciate again…
And investors will freak out and rush back to gold.