if india was the top importer of gold and imported none in jan...

if india was the top importer of gold and imported none in jan or feb and she is now an exporter of gold,what does that say? if 60% of gold is normally turned into jewellery, and india traditionally has a strong jewellery demand and mindset,it would seem that it is only speculation that is keeping the price high[artificial?] doomsday has been avoided so far, for gold to rise in value from here, we would have to see money in people's pockets and the willingness to spend on a non necessity, a want instead of a need. gold etf's are experiencing a plateau, whether or not this is the bottom of the equity market is debatable, but the nyse has had the best 90 day period since the 1930's. my 2 cents[or 1 450th of a gram of gold approx.] worth.