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5.41% 3.5¢ evion group nl

"only the buy up of gold by India that has pushed up the...

  1. johnnysilo
    197 Posts.
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    10/11/09
    22:43
    Post #: 5896755
    "only the buy up of gold by India that has pushed up the POG"

    only!? plough, this is fairly significant dont you think? I agree re a minor pullback, however there seem to be some fundamental monetary shifts happening here. Which country will continue to fund the US junket and dependancy on credit? Japan, I dont think so. India, looks like they would prefer to hold gold rather than US treasuries. China, hmmmmm, we shall see.
    EVG Price at posting: 10.5¢ Sentiment: None Disclosure: Not Held
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