John Brimelow, of GoldJottings.com, and James Turk, Director of the GoldMoney Foundation, talk about premiums over spot paid for physical gold around the world. They explain the importance of India to the gold market and the growing force of China. They also talk about gold demand in the Middle East, Vietnam and Turkey.
They consider central bank gold interventions and the use of gold buys to offset foreign exchange reserve accumulation. They talk about the pressure on the Swiss franc and South Korea’s gold purchase.
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