Gold and What Moves it.
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Eric De Groot: Gold Entering Oversold Territory As Window of Opportunity Closes On B-Wave

Eric De Groot: Gold Entering Oversold Territory As Window of Opportunity Closes On B-Wave | Gold and What Moves it. | Scoop.it

Smart money knows when to nibble and bite.

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Peru 2012 mineral exports shrink 1.7% on Gold

Peru's national statistics agency INEI said the nation saw a 1.7% fall in mining exports in 2012 due to an 11.4% decrease in gold exports.

 

LIMA(BullionStreet): Decrease in gold exports trim overall mineral exports of Peru by 1.7 percent last year.

 

Peru's national statistics agency INEI said the nation saw a 1.7% fall in mining exports in 2012 due to an 11.4% decrease in gold exports.

 

In December last year, country's gold exports took a 35.2% dive in December from $191mn in 2011 to $124mn last year.

 

The lower gold exports contributed to the 18.7% drop in overall mineral exports in the last month of 2012.

Hal's insight:

Hmm... This is interesting. I wonder what this will hold for gold demand?

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