Friday, August 19, 2011

China & India account for half the Gold Market

Is Gold is still cheap ? "Gold is lot of things to a lot of different people but I think there is a tendency in the US and the Western world to disparage it as something conspiracy theorists who think the US is a Zionist conspiracy and bury it in the ground with their cans of tuna. But gold is seen differently in Asia to how it is viewed in the rest of the world and you only have to see how much of it there is around," Tony Morri, senior strategist at Nomura says

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