central banks can't get their hands on enough of that recently so several central banks in mexico russia kazakhstan all loading up even as recently as march we got no new numbers indicating that bob english such an insightful interview we're going to leave it there thanks so much for joining us in our miami studio today bob inglis contributing editor for zero hedge and economic policy journal dot com thank you laura. all right let's wrap up with a loose change and shift to dimitri and have a great opinion on something that we have opined about last month on the heels of the greg smith goldman op ed and a reported one thousand tips that have poured into the f.c.c. the security and exchange commission after dodd frank regulations went into effect last summer that incentivized whistleblowers to come forward we posed this question . are we seeing an emerging market for this. kind of blow in the west. so we thought it may be an emerging market but now i don't know not if the security and exchange commission can't keep their identities as secret there's a new report out that federal securities regulators

devalued there is dunking on gold i am at data shows mexico at a close to seven hundred tons of gold to its reserves in march turkey russia and kazakhstan are buying more too we speak with gold money founder james turk about why he thinks central banks could be guarding themselves from the confetti can and currency be and shot around the globe and in the us we've seen oil prices become a political football in an election year look at what the onion market can teach us about oil speculation let's get to today's capital account. all right so is the democratic process tearing down the house of cards euro zone policymakers have built to solve the debt crisis let's take stock of what's been going on politically in europe you can decide for yourself nicolas sarkozy the french president more cozies second half did not win the first round of french elections he came in second place now he and his first place opponent are reportedly vying for the votes of the far right national front party now they fielded first place candidate a third place excuse me i should have said marine le pen now what's interesting is that as europe integrates further in