Salient to Investors: Gold has advanced for 11 consecutive years, increasing about sixfold since the end of 2000. Speculators’ net-long position is 61 percent below the all-time high set in August. World Gold Council expects central banks to buy 400 tons of gold in 2012 versus 456.4 tons last year, the most in almost
READ MORE... →Predictions: Industrial and Commercial Bank of China ‘s Zheng Zhiguang says the financial crisis has evolved into a sovereign crisis so expects gold-investment demand in China to grow more than 10 percent this year as buyers seek a haven from lackluster equity markets and property curbs. Individual, institutional or even government investors should own gold
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