Shares & Derivatives
Maximum Pessimism – GOLD
By Just my thoughts on investing  •  September 14, 2014
People has a love and hate relationship with this piece of metal, and yes, I am talking about Gold. Just not too long ago, many people love IT and were chasing to high of above $1800. Now, if you asked these people again, they have all shunned the metal as it has corrected much since 2013. But then again, most of the old folks prefer to keep this precious metal, my grandma was one of them. When she was alive, she always said that Gold is very good to use during war.
Both India and China are 2 of the 10 countries holding massive gold, both the government and the consumers. Here is the article if you are interested to know who are these countries. Remember, the news about Chinese mum buying few hundred tons of gold when the price first corrected. Who would have expected that it has corrected ...
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By Just my thoughts on investing
Me am simple man with simple needs.
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