Hi CAS777, SSW and all,
I’m traveling over to Perth from Brisbane for the AGM and wondered if many others had planned to be there. It would be nice to have a drink or two and discuss what is happening with our company. Doubt we will be bothered with any rodents or non-holders barracking from the sidelines!!!
It looks like our Indian friends are taking advantage of the current Gold price to buy for their current festivals and then it may be the turn of any westerners with room left on their credit cards for the Christmas season.
“Demand may jump as much as 15 percent from a year earlier, said Bachhraj Bamalwa, a director with the All India Gems & Jewellery Trade Federation. That’d increase consumption to about 230 tons, the highest for the quarter since 261.9 tons in 2012, World Gold Council data show. India vies with China as the world’s biggest gold consumer.”
http://www.bloomberg.com/news/articles/2015-09-23/gold-buying-in-india-seen-climbing-15-as-festivals-spur-demand
Cheers and very best regards: Andy
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