World Gold Demand in 2011 Rises 0.4% To $200 Billion
"The buyers are all in Latin America, Asia and the Far East and they are basically enjoying strong growth, fiscal surpluses and growing foreign exchange reserves."
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Feb 16, 2012 Central banks were net buyers of gold and their demand surged nearly 6 fold (570%) to 440 tonnes in 2011 (compared with 77 tonnes in 2010), more metal than at any time since the end of the gold standard in 1971. The World Gold Council
noted that, “The buyers are all in Latin America, Asia and the Far East and they are basically enjoying strong growth, fiscal surpluses and growing foreign exchange reserves."
Feb 8, 2012 Both Inflation or Deflation Outcomes Increases Gold's Value - Credit Suisse (pdf)
& LBS Research 
Gold: The money of kings
Silver: The money of gentlemen
Barter: The money of peasants
Debt: The money of slaves
Page Updated: Feb-20-2012
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