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MF is supposed to put the rest of 200 tonnes of GOLD on the blocks. India, China and Germany are the front runners. FED banks (JP Morgan) have met their match. This is going to be one fun ride.
“We are hearing rumors that Germany will be coming in soon to purchase gold, and while China is talking about gold being in a bubble, they are most likely getting ready to increase their reserves from their tiny 2% of reserves to at least 4% in gold,” he said.
http://investingcontrarian.com/?p=16...ing+Contrarian)
“We are hearing rumors that Germany will be coming in soon to purchase gold, and while China is talking about gold being in a bubble, they are most likely getting ready to increase their reserves from their tiny 2% of reserves to at least 4% in gold,” he said.
http://investingcontrarian.com/?p=16...ing+Contrarian)