1
February
Barrick CFO: Central Banks May Shift More Reserves Into Gold
1 February 2011 Wall Street Journal
The world's biggest gold producer expects central banks will likely shift more of their monetary reserves into gold this year, as they worry about soaring stockpiles of U.S. dollars.
Jamie Sokalsky, chief financial officer of Canada's Barrick Gold Corp., said there has been a "sea change'' in the past year, with central banks that had stocked up on U.S. dollars starting to buy more gold to diversify their holdings.
http://online.wsj.com/article/SB10001424052748703439504576116371170853138.html
