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Tuesday, 9 August 2011

Central banks gain +1 in popularity

As U.S. Rating downgrades reactions of a major shift in the central banks with a growing list looking to diversify their US dollar holdings for investment in gold, As the U.S. dollar could lose their ground in printing more legal tenders notes.

Central banks holdings in foreign exchange for currencies are be monitored for stop losses and long term decisions on cross trading with the European currency. While other Central banks are liquidating The U.S dollar to calm the markets that are struggling to hold on to its old share holders in recovering the capital for the normal operations.



The gaining +1 in popularity into the gold rush will increase the price of gold, this outcome may affect your the future in purchase gold, As already seen by grandparents that can no longer afford a gold coin for their grandchildren as a birthday gift.

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