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Follow on Google News | Foreign Central Banks Buying GoldForeign Central Banks all over the world jumped into gold in February and March as the dollar continued to weaken.
By: Global Gold Group Mexico added more than 100 metric tons during the two months, while Russia nearly added 19 tons and Thailand added just over 9 tons of gold to their reserves. Central banks are buying gold to boost reserves instead of buying United States Treasuries due to a lack of confidence in the long term value of the United States dollar. They also are displaying little faith in the strength of the United States economy. Protect your life savings like the central banks around the world are protecting their reserves – with high quality gold. Global Gold Group can help protect your portfolio with gold coins and can even help you create a gold IRA for your retirement savings. For more information, please check out their website at http://www.aglobalcurrency.com. End
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