Gold May Have More Price Support now Than at any Time Since 1989
October 23, 2009 by goldguru · Leave a Comment
The Daily Reckoning The central banks of the world are changing tune. Since 1989, the banks have been net sellers of gold reserves, meaning that as a group they have sold more than they have taken in. This is an important point because the large gold sales of central banks tend toward lowering the spot [...]
Canada’s BNN interviews Trace Mayer on gold suppression
October 18, 2009 by goldguru · Leave a Comment
12:04p ET Sunday, October 18, 2009 Dear Friend of GATA and Gold: Trace Mayer, proprietor of RunToGold.com, was interviewed for six minutes October 9 by Michael Hainsworth on Business News Network in Canada and discussed at length the central bank gold price suppression scheme, which Mayer said was characterized by the “Greenspan call,” which now [...]
Central Bank Gold
August 22, 2009 by goldguru · Leave a Comment
Bullion Vault Gold-buying by China and Russia eclipses the Western banks’ selling… JUST AS THE new agreement by European central banks regarding gold sales was announced in August, only a tiny sale of 0.15 tonnes of gold was made during the week, with no sales the week after, writes Julian Phillips of www.GoldForecaster.com.In this, currently the fifth [...]
