PHYSICAL Gold is a Reasonable Investment Right Now ~ Washington's Blog

Apr 29, 2010   //   by Admin   //   Sell Scrap Gold  //  Comments Off

While the dollar might rally in another stock market crash, the long-term trend of the dollar is strongly downward, favoring gold. China, India, Russia and Other Gold Buyers. As Lawrence Williams writes today, gold sales by central … If the central bank boosts gold holdings to 2.2 percent of forex reserves, a peak level seen in 2002, from the current 1.6 percent, China’s total incremental demand would rise by 400 tonnes at the current gold price, the WGC report said. …

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