iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Gold Traders Get More Bullish as Central Banks Hoard More

It looks like hedge funds put on more bets and central banks have increased their gold supplies. Also, some analysts surveyed believe gold will go up in price this week.

Read the article here.

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4 comments

  1. xxxHuggieBearxxx
    xxxHuggieBearxxx

    I pray to god this is true

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  2. heaterman

    And if it is, what does that mean? Central banks worrying about a fiat collapse?

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    • leftcoasttrader

      Why does gold always bring out the crazy in everyone? Why does gold have to be associated with fiat currency collapse and only fiat currency collapse. What if it goes up because it’s been dead money for 9 months and that changes for a while?

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      • heaterman

        You tell me and then we’ll both know. I’m just asking a question because I want to know what others think.

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