Naysayers can't tarnish the value of gold
Article Abstract:
Gold is still one of the most valuable metals in the world. Although its price may have remained the same in years, gold remains a symbol of value. As a financial instrument, gold has proven to be stable and reliable. Experts believe that gold has a bright future as the demand for gold jewelry continues to increase especially in the Asian markets. Deficit spending particularly in industrialized countries which results in the depreciation of currency values, in turn, leads to the appreciation of the price of gold.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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All that glitters: tales of Indonesia's gold crush
Article Abstract:
Many Indonesians have become suspicious of the government and foreign mining operators following the recent discovery of a rich gold reserve in Kalimantan province. Petitions and protests over mining licenses underscore contempt for foreign mining investors. Many Indonesians think the mining explorations only benefit the foreigners. Facts and figures, however, would show that the Indonesian government got most of the revenues from the mining ventures.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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