Kirkland Lake Gold (KL)

[NYBob]

Even the Reserve Bank of India is acquiring gold now -

Submitted by cpowell on 07:57PM ET Wednesday, April 24, 2019.
Section: Daily Dispatches
World's Central Banks Want More Gold

By Ranjeetha Pakiam and Swansy Afonso
Bloomberg News
Wednesday, April 24, 2019

India's central bank is likely to join counterparts in Russia and China scooping up gold this year, adding to its record holdings and lending support to worldwide bullion demand as top economies diversify their reserves.

The Reserve Bank of India's purchases are part of a wider picture across developing economies that are looking at de-dollarizing their foreign-exchange reserves, according to Ross Strachan at Capital Economics Ltd. The RBI's buying trend can be sustained for a number of years in relatively small quantities, as part of a long-term diversification, he said.

The RBI may purchase 1.5 million ounces in 2019, or about 46.7 tons, according to Howie Lee, an economist at Oversea-Chinese Banking Corp., with an outlook based on extrapolating amounts bought in the first two months of this year. ...
... For the remainder of the report:

https://www.bloomberg.com/news/articles/2019-04-23/central-bank-gold-buying-gets-boost-as-india-s-reserves-to-swell

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The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm


Kirkland Lake Gold @KirklandLakeGld -
Apr 11

Didn’t get a chance to attend the European Gold Forum?
We got you covered! See our latest investor presentation here:

https://bit.ly/2uXLJtt


The webcast is up! Watch as CEO Tony Makuch took the stage last week
at the European Gold Forum to present to a room of investors.
Click here to view -

http://www.denvergold.org/company-webcast/egf19/76/

God Bless America
Ps.
opinion appreciated
TIA