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Interesting info for anyone here investing in gold..
I just read this on Luxist
"The Chinese are starting to acquire a heart of gold, according to figures which show a 13.9% increase in gold and jewelry sales. This is good news for investors, as a disproportionate increase in Chinese demand, along with the start of the Indian wedding season, could mean the price of gold going up like a Shanghai skyscraper. China?s gold demand was already fourth highest in the world in 2004, and it isn?t showing signs of cooling off." Maybe not such a bad investment after all :thumbsup |
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