A move by central banks to buy gold could be a sign that banks are moving away from the U.S. dollar, which could be bad for the longer-term prospects for the USD.

A move by central banks to buy gold could be a sign that banks are moving away from the U.S. dollar, which could be bad for the longer-term prospects for the USD.

Wow! Did these guys do this for real or on a demo account? Have they ever heard of the concept of liquidity? Let's worry about a depreciating USD, but not about gold prices that can move by 30% over a few days....6.7bUSD and the price of gold goes up by 4%. Now what happens if someone trades 6.7bUSD into EUR? Maybe you see a move of 20pips? Maybe the RBI of should be worried about paying off some debt instead of buying the biggest order of gold by mankind at all time high prices....

Wow! Did these guys do this for real or on a demo account? Have they ever heard of the concept of liquidity? Let's worry about a depreciating USD, but not about gold prices that can move by 30% over a few days....6.7bUSD and the price of gold goes up by 4%. Now what happens if someone trades 6.7bUSD into EUR? Maybe you see a move of 20pips? Maybe the RBI of should be worried about paying off some debt instead of buying the biggest order of gold by mankind at all time high prices....

I see gold at $1,200 & $1,300 by the of November & December respectively.

I see gold at $1,200 & $1,300 by the of November & December respectively.

it`s not the news from india

it`s looks like the third world war on the way...

it`s not the news from india it`s looks like the third world war on the way...