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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 386.01+1.6%Nov 12 4:00 PM EST

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To: GST who wrote (20152)11/24/2009 8:59:18 PM
From: TheSlowLane   of 29622
 
This is the point that Jeff Christian from CPM Group has been making for some time now. He said a couple of months ago that he had been speaking with sovereign wealth funds, hedge funds, central banks around the world and all of them were underinvested in gold. They had either not started to buy what they intended to buy or had only bought a fraction of what they intended to buy. He thinks it will take CB's a decade to get their buying done.
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