Which US presidential candidate does gold prefer?
Gold loves chaos and should be hitting new highs, especially with inflation coming down and with it, two rate cuts likely before year’s end.
KOFU-SHI, JAPAN–(Marketwire – Aug 30, 2011) – Researched by Industrial Info Resources East Asia (Kofu-shi, Japan) — Southeast Asia metals and minerals projects currently account for approximately 5% of Industrial Info’s global capital Metals & Minerals Industry coverage, representing more than $100 billion in capital investments. Steel and steel-related projects make up approximately 35% of the region’s industry specific projects, while cement accounts for 20%. Coal, nickel and gold projects each account for roughly 11%. The remainder is made up of niche projects, including rare earths, polysilicon and alumina. Most polysilicon development is taking place in Malaysia, while most steel and steel-related project development is currently headed by Vietnam.
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