All the Gold ever extracted is 160,000 tons (in 2009) , The American Debt = 14 Trillion Dollars = 1.8 All the Gold ever extracted in Human History !!! The monetary mass in the US is increasing by 15% a year ! Total gold divided by people in the world gives each of us 23 grams
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Wednesday, January 18, 2012

The Indian Gold Market decline and its impact

The Indian jewelery demand falling off the cliff in the third quarter of the last year , but we will see some improvement this year , India is the largest consumer and importer of gold we will probably see a decline in that market year after year but we will continue to see robust demand from the other gigantic Asian market that of China , India is the world's largest consumer of gold, and for centuries, gold has held an allure for Indian women. It also forms an integral part of an Indian wedding where parents of the bride give their daughter gold jewelry as her dowry and a means of financial security. But the high prices at the moment are worrying some traditional consumers.

Gold and Silver blog