Gold deals and central bank activity point to a major price recovery next year

BARRICK merging with Randgold might seem to be simply a corporate event but from Dryblower’s perspective it is an example of the power of central banks to change the way the world works – and set the scene for a strong gold-price rise next year.

Gold deals and central bank activity point to a major price recovery next year Gold deals and central bank activity point to a major price recovery next year Gold deals and central bank activity point to a major price recovery next year Gold deals and central bank activity point to a major price recovery next year Gold deals and central bank activity point to a major price recovery next year

Officially, the merger is about injecting the fresh blood of Randgold into the lifeless body of Barrick, hoping that a bigger and more profitable gold company will emerge.