Europe’s central banks halt gold sales

Do you think they are asking for their lease material back too?

Jack

Jack,

Asking, probably. Getting, I doubt it.

Eric

..."In the 1990s and 2000s, central banks swapped their non- yielding bullion for sovereign debt, which gives a steady annual return. But now, central banks and investors are seeking the security of gold....

...“Clearly now it’s a different world; the mentality is completely different,” said Jonathan Spall, director of precious metals sales at Barclays Capital."

Source: ft.com