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Gold/Mining/Energy : Gold & Gold Stock Analysis

GLD 375.93

-1.8%

Nov 14 4:00 PM EST

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To: GST who wrote (20152)	11/24/2009 9:55:49 PM
From: bull_dozer	Read Replies (2) of 29622

Check the % Of Gold vs. Total Foreign Exchange Reserves for some of the countries ( Taiwan 4%, Russia 4%, India 4%, Japan 2%, China 2%). businessinsider.com Now what would happen to price of gold, if only some of these central banks would decide to increase the gold holdings similar to that of Portugal (90%)? <G> It was funny that Chinese officials were trying to negotiate the IMF gold at a lower price and India comes out of nowhere and buys 200 tonnes.

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