Friday, November 09, 2007

Stop engines


Julian Phillips (Financial Sense, today) explains why he thinks central banks may soon have to stop selling gold, and may even need to start buying.

3 comments:

  1. I'm keeping mine in the gardening shed.

    ReplyDelete
  2. The situation in Russia is unique. An expanding economy with huge inwards investment aqnd high loan levels. The ECB is not in the same position. There is another agenda there. Also with the EBRD.

    ReplyDelete

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