RE: why i am bullish on Gold NOW! Well technically they're repatriating 19% of their gold since they already have 31% already in Germany.
Also, I don't see the correlation to Venezuela since gold was already on the rise at the time they announced their intention to repatriate gold in August of 2011...
Although the price of gold went from about $1700 to $1900 after Venezuela's announcement in August, by the end of September it had fallen back to $1600. Sure it rose again to $1800 by the time they received their first shipment of returning gold, but it dropped steadily between then and their last shipment in January 2012 back to $1600
I too am bullish on gold and believe it will reach $2500 by the end of 2013, but fail to see the connection you're trying to make.
Cheers, & GLTA...
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