cuba 2.0, publicación digital del PDC-Cuba

According to the monthly report of the Central Bank of Mexico, this country has acquired about 100 tons of gold in recent months. At this time, Mexico has 100.15 tons of gold compared to 6.84 tons in late January.

According to the Financial Times, "central banks embark on their biggest bullion BUYING spree in 40 years. " The purchase ... is the latest in a series of large gold buys by Emerging Market Economies intent on diversifying reserves away from the faltering U.S. dollar (and) marks the end of an era characterized by widespread faith in paper currencies and sovereign debt. ... "Gold is seen as one way in which to diversify away from the dollar -or euro- denominated assets. "

In the same way, Sergio Martin, chief economist for HSBC in Mexico, quoted by Reuters, said "the government probably saw gold as a highly liquid asset that would reduce exposure to the falling greenback".

[ Full text of the information published by REUTERS (english) ]