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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Snowshoe who wrote (93849)8/24/2012 7:29:40 PM
From: TobagoJack  Read Replies (1) | Respond to of 219421
 
gold transaction incurs a 17% vat, and the total of premium over spot is well in excess of 20%, and if in small denominations as would be the case of dispensing from atm, the fabrication cost could well send premium over spot to a total of 50%

in the mean time, gold import into china shall over take import into india, and
china gold production (domestic) is at all time high, even as china-originated gold m&a globally is also at a high