GREY:HRIVF - Post by User
Comment by
tom_abc2003on Nov 23, 2011 9:56am
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Post# 19260945
RE: Bankers Buying Au at Record Level
RE: Bankers Buying Au at Record LevelGold is money since the time started, it hold value 100, 1000 years regardless time. It is build in human DNA we love gold. Pan Asian Gold Exchange is trading gold and silver back Yuan per Lb, one on one. It is unlike New York and London gold is trade base on paper gold. The Yuan is going international, China need second backup system for their currency which is gold and silver, the other is foreign currency reserve. The political uncertain in Europe and U.S create uncertainty safety of Euro and U.S dollars, Gold is only true currency. China also promote gold investment amount the population, direct purchase gold from bank account from Pan Asian Gold Exchange. Soon or later gold will blast off, but not now, it will in long run.