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Good gold investment article
oroplata  
Posted : Thursday, 29 November 2012 3:43:01 PM(UTC)
oroplata

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http://www.zerohedge.com...chinese-view-gold-market

I wonder where NZ would sit on the graph? Probably near the USA given most people here are selling their jewellery to mall kiosks instead of buying more.
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madsonicboating  
Posted : Thursday, 29 November 2012 4:27:31 PM(UTC)
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interesting. I've said for ages the chinese growing market will push our silver prices up too.
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Frankb  
Posted : Friday, 30 November 2012 9:38:21 AM(UTC)
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I have no doubt we would buy it as they do if we could get it at the same price they do. The mark up rate is much less than it is here. If you want to buy gold jewellery go to asia. 10-15% mark up compared to 100% here. Bullion is also far cheaper. Found that out from an article I read about a month ago. Can't recall where I read it though. If I do recall, I will drop it in here.
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oroplata  
Posted : Friday, 30 November 2012 3:56:48 PM(UTC)
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Right. The difference between the sell and buy price (the "spread") is far greater here. So great that it puts people off buying the stuff.

Here's another interesting read...

http://www.zerohedge.com...-gold-mines-and-deposits
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Metal Mikey  
Posted : Friday, 30 November 2012 10:53:19 PM(UTC)
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Hi Oropplata (sorry I stutter sometimes)

Looks like silver is doing the usual and rising before christmas then falling away in the new year. A question: How long ago did silver 1st reach $15US? We need further demand for silver like new battery technology or something. I imagine when we stopped using negatives in the photo industry there became an excess of product. Who knows.

Cheers Mike.
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oroplata  
Posted : Friday, 14 December 2012 11:56:14 AM(UTC)
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10 things you didn't know about gold...

http://www.zerohedge.com...ou-didnt-know-about-gold
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oroplata  
Posted : Sunday, 20 January 2013 12:40:54 PM(UTC)
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