"Four-decade veteran John Hathaway told King World News, “I was in California last week and I met with a lot of people. They are buying physical gold. Wealthy, private investors are buying gold.” The prolific manager of the Tocqueville Gold Fund also said, “we are starting to see a lot of central bank buying of gold.” Hathaway had this to say about gold bouncing solidly off the low $1,500 level: “That’s very encouraging. That was a very good test of the December low at $1,523, and it seems to me we are in good shape for six months or more. It could be (gold gaining) for the next two years.”
at http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/5/25_Hathaway__Central_Banks_%26_Wealthy_Are_Now_Big_Buyers_of_Gold.html
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