[ikka]

If gold is so useless, why are all the central banks and especially China, buying so much of it?

[perchprism]

I bought 1/2 oz of gold today in 1/10 oz coins, 25 Silver Eagles, $10 face value of Mercury dimes, and $10 face value of Standing Liberty quarters. Probably spent too much, but I had to do it.

[Toddsterpatriot]

How much did the central banks buy? If gold is so great, why would anyone sell it to those central banks?