China & the Other Central Banks Are Buying Gold-Ranting Andy Hoffman--09.May.2012

www.FinancialSurvivalNetwork.com presents:

"Ranting" Andy Hoffman gives us the update on the lastest precious metals slam down; the reasons to own gold and silver couldn't be stronger. If the prices stay down this low, don't be surprised to witness a major flood of buying. We're also getting into the Indian Wedding Season, which will result in increased demand along with massive sovereign central bank purchases. This is worse than 2008, and banks are blowing up all over Europe. Spain has just bailed out its third largest bank. Who's going to bail out Spain? Greece is planning to reneg on its debt. Who knows which other nations are going to follow Greece to the blessed pastures in the land of sovereign default.

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