Peasants in India understand gold much better than the average white-collar worker in the Western world. Even if scrap gold buyers now appear to be paying remarkably high prices, they are still encouraging people to sell their gold, …
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Posts Tagged ‘india’
Middle-class folks own more gold than they think
May 3rd, 2010PHYSICAL Gold is a Reasonable Investment Right Now – Dark Politricks
April 30th, 2010While the dollar might rally in another stock market crash, the long-term trend of the dollar is strongly downward, favoring gold. China, India, Russia and Other Gold Buyers. As Lawrence Williams wrote Tuesday, gold sales by central banks are …. It also saw the gold price worldwide hit rock-bottom and turn higher, a move that analysts (including us) have typically linked to US monetary moves and investment cash looking for safety as the Dotcom Bubble exploded. …
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India turns central banks into gold buyers | OnlineCommodityCalls.com
April 28th, 2010That time gold prices soared to new heights because the world feared that India is shifting its foreign reserves to gold expecting the dollar to crash. And, once gold prices climbed up, it stayed there for long and now also the prices …
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