Gold to Be Reclassified in the U.S. Buy Gold Now?
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Gold to Be Reclassified in the U.S. Buy Gold Now?
Found this on GLP. Haven't followed the link yet.
The central bank of the U.S. has joined the BIS in raising the status of gold bullion. Should the reclassifications indeed be instituted in 2013, it should increase demand for gold bullion by the banks here in the U.S., as gold bullion would be worth dollar-for-dollar on the balance sheet what a particular bank paid for it.
[link to www.profitconfidential.com]
If they do this it could be the trigger that is needed to send gold through the roof, stock and the Dollar through the floor.
The central bank of the U.S. has joined the BIS in raising the status of gold bullion. Should the reclassifications indeed be instituted in 2013, it should increase demand for gold bullion by the banks here in the U.S., as gold bullion would be worth dollar-for-dollar on the balance sheet what a particular bank paid for it.
[link to www.profitconfidential.com]
If they do this it could be the trigger that is needed to send gold through the roof, stock and the Dollar through the floor.
Panther
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