CB Buying Gold, page-4

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ocracoke

1,268 Posts.

30/10/14

14:10

Post #: 14208203

Originally posted by All4One ↑

In another good article in the AFR.
CB's around the world on average have increased their buying of GOLD by 30% this year.
Since 2000 the amount of US dollars held as reserves has decreased from 40% to 22%.

By the By the EU is in recession and now Germany is in a recession. Germany is the US biggest trading partner.
Using common sense if the EU is in recession along with Germany then the US will be going down as well, particularly when you look at how strong the US dollar has become and the fall of the EU.

Saw a US currency strategist on ABC this morning and he told a truth about the US employment recovery.
He said although the unemployment rate has dropped the jobs are not what the workers wanted and are in the low end casual employment market around the minimum wage bracket.
So as a lot of people have thought the employment is a lot worse than the official figures.

US FED to end QE and yet GOLD still losing ground hmmmm.

Expand

What ignorance to state Germany is the largest trading partner of the US.

Country Exports Imports Total Trade Trade Balance

1 Canada 292.9 324.2 616.7 -31.8

2 China 110.6 425.6 536.2 -315

3 Mexico 216.3 277.7 494 -61.4

4 European Union 184.3 260.6 444.8 -76.3

5 Japan 70 146.4 216.4 -76.4

6 Germany 48.8 108.5 157.3 -59.7

But hey, you've never let facts stand in the way of your belief.

	Country	Exports	Imports	Total Trade	Trade Balance
1	Canada	292.9	324.2	616.7	-31.8
2	China	110.6	425.6	536.2	-315
3	Mexico	216.3	277.7	494	-61.4
4	European Union	184.3	260.6	444.8	-76.3
5	Japan	70	146.4	216.4	-76.4
6	Germany	48.8	108.5	157.3	-59.7

3 Upvote

0 Great analysis

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CB Buying Gold, page-4

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