Comment: Same report parroted by Bloomberg News.

(See in situ)


Same report parroted by Bloomberg News.

Gold Council Sees Central Bank Bullion Buying at 48-Year High
By Nicholas Larkin - Feb 13, 2013 10:00 PM PT

Central banks added the most gold to reserves in almost a half century last year as prices averaged a record, the World Gold Council said.

[Bloomberg News speculates as the to reason why gold price is going up.]

“This is very much due to a desire to diversify away from over-reliance from the dollar and the euro.” [Really, trust us] - Bloomberg News, where speculation is news.

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