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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 421.32-0.5%Jan 16 4:00 PM EST

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To: Snowshoe who wrote (93847)8/24/2012 5:32:58 PM
From: TobagoJack  Read Replies (1) of 219422
 
snowshoe, do you suppose that the already talked-about removal of the 17% vat on gold trade would temporarily limit demand for gold dispensed by atm machines featuring small denomination (high premium over spot) gold?

besides, given the necessary placement locations for the atms, why would anyone buy gold from them?

also, irt china gold demand - believe the wgc is referring to jewelry demand even as china gold import and production is at ath

eventually jewelry demand for gold should drop to close to zero as all around the world turn to pig iron jewelry

nuf said.
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