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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: ecrire who wrote (25824)	9/5/2011 12:54:59 PM
From: Tommaso	6 Recommendations Read Replies (2) \| Respond to of 29622

>>>As for the future, have no idea but all these wild number forecasts do not inspire confidence,<<< Yes, investing in gold is not for the faint of heart. In the words of a most prescient seer in March of 2010 when gold was under $1,000: IMO US Dollar headed for new highs, eventually parity with Euro. Gold rallies will be short lived. Beware the Ides of March!

To: ecrire who wrote (25824)	9/8/2011 6:37:53 AM
From: TheSlowLane	Respond to of 29622

Bolivia Central Bank to Buy Local Gold Output to Boost Reserves By Alex Emery Bolivia’s central bank will buy gold from local producers to boost its international reserves, the Andean country’s Vice President Alvaro Garcia Linera said today. Bolivian President Evo Morales enacted a law authorizing the bank to buy gold through state mining company Empresa Boliviana de Oro, Garcia Linera said in a speech broadcast by La Paz-based television station Bolivision. The bank will pay miners the same rate as traders who sell the gold to Brazil and Peru, Garcia Linera said. Bolivia’s central bank has increased its international reserves 10-fold to $11 billion since 2005, he said. Bolivia produced 6 metric tons of gold last year, down 14 percent from 2009, according to the Mining Ministry. mobile.bloomberg.com