gold breaks out of downtrend, page-21

Ophir,

Global gold demand down 5% in Q1
Demand for gold coins and bars down 17% in Q1
Demand for gold jewellery down 19% in Q1
Demand for investment jewellery down 46% in Q1
Saudi Arabia demand down 40%-50% in Q1
500 gold shops closed in Saudi Arabia in last 3 months.
Global demand for gold jewellery down 6% in the last year.

Yeah, it's gonna be a landmark year for gold.