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Gold and the G20 - what next?

Posted on 26 October 2010

From Mineweb.co.za: A warning that if long term broad capital controls are taken up by G20 members this could be disastrous for the global economy but positive for gold and other precious metals.
Gold dropped to $1,314.5 late last week before recovering to $1.325. It seems that this was due to the G-20 proposals from the U.S. indicating a possible attempt at calming currency markets. This weekend the G-20 is meeting to discuss the current currency turmoil in the markets……………………………………….Full Article: Source


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