Morgan Stanley Backs Gold & Silver - Shock Horror! Bloomberg Breaking

Discussion in 'Gold' started by VRS, Oct 5, 2012.

  1. VRS

    VRS Well-Known Member Silver Stacker

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    ... simply because of retail - and central bank - demand, apparently...

    Does that make them terrorists then?

    http://www.bloomberg.com/news/2012-...-gold-silver-copper-on-demand-outlook-2-.html

    "Central banks' expansionary monetary policies, with all their attendant inflation and currency debasement risks, are a "game changer" for gold, Morgan Stanley said. "Central banks have further underpinned the likelihood of continued growth in investment demand by emphasizing their own liking for gold as a reserve portfolio asset."

    ;) x
     
  2. No1joey

    No1joey Member Silver Stacker

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    I posted a video about Goldman Sacks (pun intended) being bullish for the rest of this year.

    Anyway, as soon as someone puts $600 million (Soros) into Gold, you know they know something.
     

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