Central bank and government actions around the globe increasingly prove that gold is the place to be. Here is an interesting Bloomberg headline that shows what I mean: Central Banks to Retain Gold to Manage Debt in Crisis Central banks, net buyers of gold for the first time in a generation, are likely to retain their holdings even if they need to raise cash to counter an escalating debt crisis, according to Morgan Stanley. “Once they’ve sold, that’s it, and buying back would be extremely expensive,” said Peter Richardson, chief metals economist at Morgan Stanley Australia Ltd., who’s studied metals markets for 20 ... (full story)