Rantings on Markets, Economics and Business Strategy: Indian Gold Demand Plunges

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Name: TimingLogic

Location: United States

I'm an electrical engineer and mathematician by training. My career has spanned diverse areas of expertise from being part of a team which designed the world's most powerful computers to corporate consulting around business transformation and information-based solutions to being a corporate sales and marketing executive in the information technology and business consulting space. I’ve led teams responsible for innovative and transformative solutions and been part of teams that helped set strategy for many of America's greatest companies. Two of my interests are econometrics and quantitative - qualitative analysis. Over the years I have developed risk-based models and trading systems meant to identify significant investment opportunities and periods of extreme risk. My blog is an outlet for another of my passions, writing. I generally consider myself a contrarian. Therefore, many of my rantings are meant to encourage people to question what they believe to be true.

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Thursday, May 17, 2012

Indian Gold Demand Plunges

I have been writing that this is going to come to pass for years. It’s finally here. Gold demand around the globe is cratering and has been for some time. It is going to get much worse if central bankers quit bailing out the gold speculators as they have for years. Just as we have been writing it would for years now. Delusions of gold being a safe haven are exactly that. Gold is a massive bubble created by the status quo.

If you believe Ben Bernanke can save speculators and the status quo, you should own gold.

Title link here.

posted by TimingLogic at 12:11 PM

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Thursday, May 17, 2012

Indian Gold Demand Plunges