AgTalk Home
AgTalk Home
Search Forums | Classifieds (206) | Skins | Language
You are logged in as a guest. ( logon | register )

Interesting gold chart
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
John Burns
Posted 11/14/2012 10:34 (#2696624 - in reply to #2696574)
Subject: About China



Pittsburg, Kansas

Here is an interesting article about China and gold.

FT article

India demand has been lackluster this summer but reports are that holiday festival sales may be record setting. The Indians are coming back into the market with force.

Could the East be slowly moving towards gold as the predominant "store of value" currency and King Dollar be on the decline?

China and India combined account for over half of world gold consumption. Last I checked the US accounted for a measley 8%. Yet the price of gold and silver are (supposedly) set by the paper Comex market.

John



Edited by John Burns 11/14/2012 10:37
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete all cookies set by this site)