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Message Boards Settings Newmont Mining Corp. (NEM) - Quote Info
1st India, then Sri Lanka      7-Nov-09 12:48 pm    
COLOMBO (AFP) – Sri Lanka's central bank on Saturday said it has been buying gold to diversify its reserves amid volatile currency markets, days after India announced it had purchased 200 tonnes of the precious metal.
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Canada has no diversification at all, Canada sold all their gold some years ago. Look for Canada to be next in line to buy gold to diversify.

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All forms of paper money will end up being backed with gold. The only nations that will prosper are those holding massive amounts of gold.

Countries refusing to hold gold will be forced to do business with a worthless currency.


Sentiment : Strong Buy
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lord_power_...

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U.K.


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1st India, then Sri Lanka
lord_power_... (2 Ratings) 7-Nov-09 12:48 pm  
 
Canada has no diversification at all, Canada sold ...
lord_power_... (1 Rating) 7-Nov-09 12:53 pm  
 
...
lord_power_... (1 Rating) 7-Nov-09 05:34 pm  
 
...
lord_power_... (1 Rating) 7-Nov-09 06:18 pm  
 
...
lord_power_... Rate it 7-Nov-09 07:25 pm  
 
India and Sri Lanka were very wise to be buying go...
lord_power_... Rate it 8-Nov-09 08:54 am  
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Newmont Mining Corp. (NEM)

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At 4:00PM ET: 53.64 Up 0.29 (0.54%)
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