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India buying IMG gold truly a Watershet event for GOLD >>      3-Nov-09 02:41 pm    
You must read the entire article below mindblowing !

This explains why gold is exploding and now that India has come out of the blue and grabbed 1/2 of the IMF gold this is the sart of a bidding war and will cause all other cental banks to reverse from selling to buying !
this is a true inflection point an dmazingly read the article india only had 4% of it;s total paper money in gold and now has only 6% yet in 1994 they had 20% now couple that with chaina having only 2% of reserves in gold and imagine the people of india who just saw their gov buy gold will now be encouraged to buy more also think about this !

http://www.businessday.co.za/articles/Co...
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  Subject Author Rating Time of Post (ET)  
 
India buying IMG gold truly a Watershet event for GOLD ...
hecla40comi... 3-Nov-09 02:41 pm  
 
I agree with you
geoalb Rate it 3-Nov-09 02:56 pm  
 
read the entire article to see why gold is just st...
hecla40comi... (1 Rating) 5-Nov-09 07:56 am  
 
I believe gold is going to become the foriegn exch...
zenseadog (1 Rating) 5-Nov-09 08:03 am  
 
Definitely watershed--along with China's 400T...
frn_scam Rate it 5-Nov-09 09:28 am  
 
They like to say the IMF has so many ton...
hecla40comi... (2 Ratings) 5-Nov-09 10:02 am  
 
Gold will not pull back more than a...
hecla40comi... 5-Nov-09 10:40 am  
 
It is a race to debase one's currency. T...
jonlongdoe@... Rate it 5-Nov-09 04:08 pm  
 
Buy gold with their usless US dollars.....
youngman442... Rate it 5-Nov-09 04:49 pm  
 
ericri you poor bastard you still don't get i...
lnexpensive... Rate it 5-Nov-09 04:55 pm  
 
You can "see" the "footprint" of IMF gold on the b...
batshwing 5-Nov-09 04:52 pm  
 
This was huge !!!!!!!!!!!!!!!!!!!
hecla40comi... Rate it 11-Nov-09 10:30 am  
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