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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 378.35+2.7%Nov 10 4:00 PM EST

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To: TobagoJack who wrote (25506)11/27/2007 2:37:28 PM
From: Amark$p  Read Replies (2) of 217661
 
Your comments make sense and appear reasonable:
" So the same women now wud go to their neighborhood friendly jeweler shop and spend on Gold, but in the form of 'biscuit'...Gold bars are famously (or infamously) referred to as 'biscuit'....in fact many household have had a regular plan of buying 10gms biscuit every 2-3months from their saving pool. Jewelry demand is there and will always be there but that is subtly being taken over by 'biscuit' demand and as far as prices going higher denting demand is also unfounded as the households are saving in Gold, not spending on jewelry "

Do you have any articles or something in print to back up these comments? What exactly do you base your comments on? I believe your comments are likely accurate, but I have seen nothing in print and would appreciate any links!!!
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FWIW, here are central bank gold sales to date showing 21 tonnes behind schedule (not including Swiss sales):

drivehq.com
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