NIU 0.00% 2.0¢ niuminco group limited

Investopaedia While global gold jewelry demand fell 27.5%...

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    Investopaedia

    While global gold jewelry demand fell 27.5% (year-over-year) last quarter, a few countries saw demand grow. Among them were Iran (12%), the United States (12.4%), Canada (11%) and Saudi Arabia (2.4%)

    Currently 52.8 percent of gold mined is used in jewellery....last time i checked it was alot more obviously its dropped significantly..china and india are the main buyers for this purpose..i can only dream it went to 20k..but realistically when the quantitive easing happend in U.S.A and globally thats when gold should have shone its brightest..however it did not rally as most would have hoped..also dont forget paper gold which is a promissory note which in my opinion is junk..these guys are printing it just like money, apparently 10 timesmore gold contracts on the market than the real thing....the world is stuctured and addicted to debt..it will implode eventually..then they will sell us a better system haha...
 
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