China, India, and Some Central Banks Buying Gold!

Sometimes the one year gold graph is necessary to give us perspective. Gold started at about 775 a year ago and is now 1061.90. That is about a 40% gain in this year. How many of your investments gained 40% over the last year? That is a WOW! Of course there were a few sandy spots along the way, but that is a nice yearly gain.
The 24 hour gold graph, once again, shows some obvious hammering by the bullion banks encouraged by the Federal Reserve and the Federal Government. It is amazing how these entities will go to extremes to protect their monopoly on the unbacked paper currencies. China, India, and Russia have been big buyers each time the price is pushed down, so the price almost immediately responds and moves back upward.
Here are the miners today:
Here are the currencies from Kitco.com. Notice that the Euro is at a new high against the dollar.
Our BYDDF is off a bit today at 10.73; BULM is at 0.93, but has a low for today at 0.84; The DOWis up 38+ @ 10079; Gold is 1061.90 and silver 17.70.

Keep your focus on King Jesus through the study of His word and application thereof in your life. We need the guidance, comfort, and strength which the Holy Spirit provides by our study and submission to the Law-Word of God. Praise and thank our living God daily.

Best to each, Doug