#52: Fred Hickey On 'Keeping Your Head When All About You Are Losing Theirs'
Superinvestors and the Art of Worldly Wisdom
In India, the Biggest Buyers of Gold Are in China and India.
The miners were up 30 % this year in the day to and theni backed off. But so we had everything going ond at once. We had the institutions that were up there. Tat the g d was thes institution money cinly into the g o d. Overseas, buyers were buying all the t s from china and europe particularly, were growing. All that was driving. But the two biggest drivers of gold, the two biggest consumers of gold, are india and china. And they account for 50 % of all consumption of gold per year. Right now. They've lost two of the big buyers temporarily, only for a couple of months here more
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