Wednesday, May 4, 2011

Bank of Mexico buys 100 tons of gold in two months

Bank of Mexico buys 100 tons of gold in two months...Mexico's central bank purchased almost 100 metric tons of gold in February and March, another signal that emerging markets are likely to steadily raise their gold reserve holdings, industry participants say...The peso is currently trading at its strongest level against the dollar since early October 2008 (WONDERING WHICH DRUG CARTELS PITCHED IN FOR THE BUY?)

http://www.marketwatch.com/story/bank-of-mexico-buys-100-tons-of-gold-in-two-months-2011-05-04

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