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Message: India -gold

India -gold

posted on Aug 31, 2009 08:50PM

"Staying in Asia... The Indian GDP surprised on the upside when it printed last night... A 2nd QTR 6.1% rise in economic growth VS last year, is a very good performance for India. The rupee has been hanging around a corner for the past couple of months, so maybe this kind of news will attract foreign investment once again, and drive that currency higher VS the dollar..."

Rupee appreciation may negate a decline in the POG to stimulate buying!

http://www.kitcocasey.com/articles/2942/daily-pfennig-8-31-09-:-renminbi-to-become-an-international-currency?-/

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