This is one area that we were first to state almost a decade ago. Few other than our Morgan
Report readers know that a meeting was held in Asia — talking about a gold back Yuan.
This ariticle does not cover that topic– however it does bring in some interesting points.
LONDON (Commodity Online): How will India’s reluctance to continue its gold buying
spree affect the global bullion market? This is the question haunting many analysts across
the globe as the world’s numero uno consumer of gold, India, posts a huge fall in gold
imports in 2009.
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