3BL Media's Blog – January 2010 Archive (1)

Gold’s Dark Side

Investors are hoarding it to hedge against the dollar’s weakness. Consumers are buying it up in ever increasing volumes. Gold seemingly adds up to big opportunities wherever you look, with US gold jewelry sales representing a growing $17 billion market and China gold jewelry sales reaching nearly 260 billion yuan in 2009. But the fact is that this precious metal has a dark side, too. As gold’s prestige and value increases, so do the implications of the trade itself.



“Most consumers… Continue

Added by 3BL Media on January 13, 2010 at 17:01 — No Comments

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