Barry Stuppler

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 years....

Rep. Ron Paul, a longtime critic of the Fed and advocate of the gold standard, is all in on gold and silver.  Ron Paul has consistently warned of the dangers of a Fed gone wild on easy money and a Government that has borrowed itself into financial oblivion...

Gold, at record-breaking levels as global economic worries mount, will see sustained demand from key markets India and China this year despite high prices, the World Gold Council said on Thursday.

Global demand for the second quarter to June was 919.8 tonnes, down 17 percent year-on-year, from 1,107 tonnes in the same period last year, as the "remarkably" high European investment seen earlier leveled off...