Author: greendragon

China imports of GOLD exceed India! [Copy link] 中文

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Post time 2011-6-12 09:54:40 |Display all floors
Originally posted by greendragon at 2011-5-25 08:50 AM
Unlike India, who "stressed" citizen buys gold as "hedge against inflation", in China, the purchase is due to increased "wealth" of the citizen and that needed by the State as diversification of Forex risk!
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Fool, don't talk ill of my country until you really know why they buy gold. Go fcuk yourself . Malay tree monkey

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Post time 2011-6-13 10:58:48 |Display all floors

Reply #9 manoj10's post

Fool! Ask any Indian housewife!

She'll tell you why they hoard gold!
It's a hedge against high Indian Inflation figures!

Know your own state, know your own people, and you'll develop better policies for your people!

cheerios!

Green DRagon
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Post time 2011-6-13 11:59:45 |Display all floors
Originally posted by greendragon at 2011-6-13 08:28 AM
Fool! Ask any Indian housewife!

She'll tell you why they hoard gold!
It's a hedge against high Indian Inflation figures!

Know your own state, know your own people, and you'll develop better  ...


Nutcase, I know India more than you. Wearing gold ornaments is part of traditional culture in Indian society. Each year an average women from India buy gold worth of 5000$ just to wear them. Inflation hedge my azz, stop being a kunt expert on all issues. Go swing some trees, Malay monkey. Here is some banana for you.....here boy.....

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Post time 2011-6-13 12:35:10 |Display all floors

Gold is popular in all DESERT, ARID regions of our world.

THINK of it.

Culture or just reaction to natural conditions!
In fact, for per capita consumption of gold, it's the UAE which has the highest purchases.
Just coincidence that citizens in desert, arid region does that?

In fact, gold purchase was high during the Vietnam war as people seek to protect their wealth.

cheerios!

Green DRagon
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Post time 2011-6-13 12:49:06 |Display all floors

Gold, the ancient store of value!

Has been a form of currency for a long time.
Money before 1976 has been pegged on the value of gold!

cheerios!

Green DRagon
Game Grandmaster
Gold ancient store of value.jpg

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