bad luck nadler ...

Thought I'd search for some light entertainment, so I had a look at if Kitco's Paper Bug, Jon Nadler was still
downramping gold.

Sure enough, true to form, Nadler brought up the old
Indian gold jewellery demand downramp:

"How about this little factoid ... Indian jewelry sales will expand at the slowest pace in five years in the 12 months ending June 30 as higher prices crimp demand, according to S. Ravi Kant, the executive vice president of Titan Industries Ltd., the countrys largest jewelry retailer. Our local sources validate Mr. Kants findings and exhibit concerns about this years festival-related demand."

At http://www.kitco.com/ind/nadler/sep142010.html

I had to laugh at that Nadler.

Investment demand for gold now makes jewellery demand for gold pretty much irrelevant. You can spin all you like about Indian jewellery demand.

Basically, who cares, Nadler?

Gold IS NOT something nice and shiny to look at and to wear. Gold is HONEST MONEY. Unlike the trillions of US dollars being created out of thin air.

More and more people are coming to understand this.