GOLD 0.51% $1,391.7 gold futures

fed taper in december, page-33

  1. 9,604 Posts.
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    Nah,
    The reality is, people in ASIA, Middle Eastern, Eastern Europe countries still love to hold on to US dollars over Gold. Easy to hold and easy to carry:).

    You can buy almost anything, anywhere using the US dollar. I cannot say the same for other major currencies.

    The Chinese & Indians love to buy Gold, simply because they don't like to hold Ruppes or Yuans atm.
 
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