Welcome To The 300 Club HUB On AGORACOM

We may not make much money, but we sure have a lot of fun!

Free
Message: Re: $3.5B Saudi Gold Deal
2
Nov 21, 2008 03:55AM

Nov 21, 2008 05:21AM
5
Nov 21, 2008 06:45AM
1
Nov 21, 2008 10:46AM
4
Nov 21, 2008 02:40PM
2
Nov 22, 2008 11:44AM

The revelation of the purchase of $3.5 billion worth of gold by a group of Saudi Arabian investors over the past month is a huge gold deal when you consider that total record third quarter spending on gold by consumers was $6.5 billion.

This makes me nervous. The Saudis aren't exactly known for great market timing.

ebear

Share
New Message
Please login to post a reply