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Piggy Kahh

Chinese and Indians Dash for Gold Fraud Investment Tips - 1 views

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    Chinese and Indians Dash for Gold Fraud Investment Tips Gold heads east as western investors sell their stocks - sparking a jewelry and bullion buying frenzy in Asia. Stocks of physical gold crossed continents in the first half of 2013 as Westerners dumped their holdings and, on the other side of the world, the resulting fall in price sent consumers flocking to jewelers and bullion dealers. Indian, Chinese, Thai and other Asian consumers flocked to jeweler's and bullion dealers to build their holdings. The trend, disclosed n the latest data from the World Gold Council, a trade organization established by the gold mining industry, highlights the different ways in which gold is viewed and owned around the globe. The figures below show global demand for the metal in tonnes, in the months April-June 2013. Jewelry demand was up 37pc over the same period in 2012, reaching the highest level since 2008. Bar and coin investment was also up by a huge 78pc year on year. This purchasing was concentrated in China, India and the Middle East, the WGC said - while selling was largely concentrated in western markets. Source: http://www.valueinvestingnews.com/tana-goldfields-company http://www.slideshare.net/ademeabdullah/tana-goldfields-united-kingdom-22419006
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