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GLD 422.21+1.9%4:00 PM EST

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To: 2MAR$ who wrote (96035)10/30/2012 4:42:01 AM
From: Snowshoe  Read Replies (1) of 219259
 
Turkish Banks Go for Gold to Lure $302 Billion Hoard
bloomberg.com

The campaign by Turkey’s banks, featuring ads for “golden age” accounts and products such as gold gift checks, is targeted at Turks who traditionally give gold coins or jewelry as presents at weddings, births and circumcision ceremonies. The custom gained popularity a decade ago as Turkey’s inflation rate topped 70 percent, making gold an attractive store of wealth.
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