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Emerging Economies Stocking Up On Gold Says Pan American Metals Of Miami
- Emerging Economies Stocking Up On Gold Says Pan American Metals Of Miami
- October 04, 2011
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Macroeconomic climate is supportive for gold as a safe haven.
MIAMI, FL - For investors who may be questioning further exposure in gold bullion, it is interesting to note that many emerging economies are actually increasing their holdings in the yellow metal. Russia, Thailand and Bolivia were among countries adding to their gold reserves during the month of August, amidst a trend of diversification that is eschewing traditional currencies in favor of gold. The trend among central banks, particularly in emerging markets, is to become net buyers rather than ...
- View more at: http://www.1888pressrelease.com/emerging-economies-stocking-up-on-gold-says-pan-american-met-pr-340012.html
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