Louis shows a shocking lack of awereness of reality. Yes 80% of gold demand comes in the form of jewellery, as is the case since time imemorial in India, Vietnam Turkey, etc. - but that does not make it a superfulous fashon item, it still is largelly due to Gold reserve of value properties.
Yes, European Government's may be forced to sell gold...because they are broke...what do you think their citizens will do - buy their government's bonds...or gold?
12 Reasons to Short Gold [View article]
Yes, European Government's may be forced to sell gold...because they are broke...what do you think their citizens will do - buy their government's bonds...or gold?
The recovery is just around the corner?