Central Bank Buying Spurs a Gold Rush
Thu, 26 Nov 2009 16:13:00 GMT
By David Bogoslaw It's typical in India for gold demand to escalate during the country's festive holiday season, which extends from September into January. But it's not only gift-givers that are scooping up the precious metal this
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Uh oh -- Aviation Advertising as Bellwether
Thu, 26 Nov 2009 15:31:00 GMT
December. I always enjoy this magazine, and it's one of the real benefits of membership in AOPA. As I sifted it from my pile of junk mail, I was struck by how light it was. The magazine is usually much thicker and heavier, especially in the Christmas
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Gold an 'anchor' for foreign reserves says Cabraal
Thu, 26 Nov 2009 14:03:00 GMT
Sri Lanka's central bank said today that gold was an 'important anchor' for the country's foreign reserves after it bought more of the precious metal this week reported AFP. The government had bought 10 metric tonnes of
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Profit taking brings gold price back from the brink
Thu, 26 Nov 2009 12:52:00 GMT
Eastern market buying , following news of yet another Central Bank IMF gold purchase - this time a relatively small amount - 10 tonnes (by Sri Lanka) kept gold surging up to over $1195 an ounce, just short of yet another round figure
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Why invest in gold?
Thu, 26 Nov 2009 12:49:00 GMT
EST Every few decades, maybe less often, gold seems to detach its shiny self from the greater economy and go berserk. Prices went vertical in the early 1860s (American Civil War) and again in the early 1930s (Depression
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