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Suggest You - Another Way of Looking at the Gold Price Meltdown
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Gold prices plunged and many financial analysts have proclaimed that the bull market in gold is over. Is it?In the world of restaurant management you run into all types of people. That is what happens when you open the doors to the public. Some days are filled with ease and joy, but mostly the days are long and frustrating. Your quality of life is completely dependent on the quality of your operations. That in itself is sometimes an oxymoron. The top quality A caliber employee doesn't want to m Price charts are one way to look at the situation, however we need to dig deeper into the fundamentals to see what the prospects are. As the hedge fund investors have dumped gold, there is evidence new hands are coming into the market. As some investors leave, and new ones replace them, the volatility in gold prices will remain high. What we need to ask is are these new investors speculators or is there some fundamental reason new investors are coming into the market? 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The significant point here is investors in these countries are now accumulating gold in forms other then jewelry. In 2005 the investment demand for gold in these countries has risen from between 20% and 34%. The strong demand continues into the first quarter of 2006. During this same period of time, demand for gold related Exchange Traded Funds has risen 23%. India is the largest buyer of gold in the world. Indian inve
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