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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (18246)	5/10/2016 8:01:57 AM
From: Goose94	Respond to of 205489

Liquor in the front, poker in the rear

To: Goose94 who wrote (18246)	5/10/2016 8:58:49 AM
From: Goose94	Read Replies (1) \| Respond to of 205489

HSBC looks for central-bank purchases of gold to accelerate this year. The bank cites data from the World Gold Council showing first-quarter official-sector buying absorbed 45 tonnes. “It appears that dollar-laden central banks will continue to diversify modestly into gold,” HSBC says. “The demand for gold by central banks is a plank in our generally positive gold outlook. Although smaller than jewelry or investment demand, central-bank purchases are steady and absorb significant amounts of bullion. Furthermore those central banks with large gold reserves – virtually all of which are in the OECD (Organization for Economic Cooperation and Development) – show little sign of wanting to sell their gold reserves.”