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Damage of declining gold prices felt globally

Posted on 15 August 2013

Gold’s swift fall has ravaged hopes and livelihoods around the world – from the 1 million miners in Ghana who scour in the dirt, to thousands of executives and geologists at mining exploration firms that are running out of cash in Vancouver.
Gone too are jobs for auditors, bankers and analysts in the finance capitals of Toronto and London. Investors who bet big and lost are shifting assets elsewhere and scaling back retirement plans………………………………………..Full Article: Source


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VRS - who has written 39533 posts on Opalesque Commodities Briefing.


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