Why Gold Will Make A Comeback
-
Upload
agora-financial -
Category
Economy & Finance
-
view
112 -
download
0
description
Transcript of Why Gold Will Make A Comeback
![Page 1: Why Gold Will Make A Comeback](https://reader034.fdocuments.us/reader034/viewer/2022042714/5568f920d8b42aff2e8b4d7e/html5/thumbnails/1.jpg)
![Page 2: Why Gold Will Make A Comeback](https://reader034.fdocuments.us/reader034/viewer/2022042714/5568f920d8b42aff2e8b4d7e/html5/thumbnails/2.jpg)
![Page 3: Why Gold Will Make A Comeback](https://reader034.fdocuments.us/reader034/viewer/2022042714/5568f920d8b42aff2e8b4d7e/html5/thumbnails/3.jpg)
Gold has been falling in price since late 2012 and investors have lost faith.
![Page 4: Why Gold Will Make A Comeback](https://reader034.fdocuments.us/reader034/viewer/2022042714/5568f920d8b42aff2e8b4d7e/html5/thumbnails/4.jpg)
But central banks around the world have been buying up as much
gold as they can.
![Page 5: Why Gold Will Make A Comeback](https://reader034.fdocuments.us/reader034/viewer/2022042714/5568f920d8b42aff2e8b4d7e/html5/thumbnails/5.jpg)
In 2012, central banks bought 535 tonnes of gold, the most
since 1964.
![Page 6: Why Gold Will Make A Comeback](https://reader034.fdocuments.us/reader034/viewer/2022042714/5568f920d8b42aff2e8b4d7e/html5/thumbnails/6.jpg)
According to the World Gold Council, central banks will add another
record 550 tonnes in 2013.
![Page 7: Why Gold Will Make A Comeback](https://reader034.fdocuments.us/reader034/viewer/2022042714/5568f920d8b42aff2e8b4d7e/html5/thumbnails/7.jpg)
![Page 8: Why Gold Will Make A Comeback](https://reader034.fdocuments.us/reader034/viewer/2022042714/5568f920d8b42aff2e8b4d7e/html5/thumbnails/8.jpg)
In January, 2013, Germany retrieved 674 tonnes of gold from its accounts
in New York and Paris.
![Page 9: Why Gold Will Make A Comeback](https://reader034.fdocuments.us/reader034/viewer/2022042714/5568f920d8b42aff2e8b4d7e/html5/thumbnails/9.jpg)
![Page 10: Why Gold Will Make A Comeback](https://reader034.fdocuments.us/reader034/viewer/2022042714/5568f920d8b42aff2e8b4d7e/html5/thumbnails/10.jpg)
The German Federal Bank describes this move as a…
![Page 11: Why Gold Will Make A Comeback](https://reader034.fdocuments.us/reader034/viewer/2022042714/5568f920d8b42aff2e8b4d7e/html5/thumbnails/11.jpg)
![Page 12: Why Gold Will Make A Comeback](https://reader034.fdocuments.us/reader034/viewer/2022042714/5568f920d8b42aff2e8b4d7e/html5/thumbnails/12.jpg)
Russia has doubled their gold reserves over the past 5 years.
![Page 13: Why Gold Will Make A Comeback](https://reader034.fdocuments.us/reader034/viewer/2022042714/5568f920d8b42aff2e8b4d7e/html5/thumbnails/13.jpg)
The Russian Central Bank says it wants to…
![Page 14: Why Gold Will Make A Comeback](https://reader034.fdocuments.us/reader034/viewer/2022042714/5568f920d8b42aff2e8b4d7e/html5/thumbnails/14.jpg)
China is very secretive about their gold holdings.
![Page 15: Why Gold Will Make A Comeback](https://reader034.fdocuments.us/reader034/viewer/2022042714/5568f920d8b42aff2e8b4d7e/html5/thumbnails/15.jpg)
But given domestic production, imports from Hong Kong,
and other means…
![Page 16: Why Gold Will Make A Comeback](https://reader034.fdocuments.us/reader034/viewer/2022042714/5568f920d8b42aff2e8b4d7e/html5/thumbnails/16.jpg)
…some estimate that China may hold as much as 4,000 tonnes
by the end of 2013.
![Page 17: Why Gold Will Make A Comeback](https://reader034.fdocuments.us/reader034/viewer/2022042714/5568f920d8b42aff2e8b4d7e/html5/thumbnails/17.jpg)
And in March, 2013, their imports from Hong Kong doubled.
![Page 18: Why Gold Will Make A Comeback](https://reader034.fdocuments.us/reader034/viewer/2022042714/5568f920d8b42aff2e8b4d7e/html5/thumbnails/18.jpg)
Why so much gold?
![Page 19: Why Gold Will Make A Comeback](https://reader034.fdocuments.us/reader034/viewer/2022042714/5568f920d8b42aff2e8b4d7e/html5/thumbnails/19.jpg)
In the first two months of 2013, a number of other countries
added to their own stockpiles.
![Page 20: Why Gold Will Make A Comeback](https://reader034.fdocuments.us/reader034/viewer/2022042714/5568f920d8b42aff2e8b4d7e/html5/thumbnails/20.jpg)
The headlines might scream “strengthening dollar”, “growing
economy” and “falling gold.” We’re saying… just wait.
![Page 21: Why Gold Will Make A Comeback](https://reader034.fdocuments.us/reader034/viewer/2022042714/5568f920d8b42aff2e8b4d7e/html5/thumbnails/21.jpg)
Debt accumulation will continue…
![Page 22: Why Gold Will Make A Comeback](https://reader034.fdocuments.us/reader034/viewer/2022042714/5568f920d8b42aff2e8b4d7e/html5/thumbnails/22.jpg)
The dollar will depreciate again…
![Page 23: Why Gold Will Make A Comeback](https://reader034.fdocuments.us/reader034/viewer/2022042714/5568f920d8b42aff2e8b4d7e/html5/thumbnails/23.jpg)
And investors will freak out and rush back to gold.
![Page 24: Why Gold Will Make A Comeback](https://reader034.fdocuments.us/reader034/viewer/2022042714/5568f920d8b42aff2e8b4d7e/html5/thumbnails/24.jpg)