India’s gold market and a potential major drop in demand – Does it matter to price?
Jayant Bhandari joins me this morning to share his insights on future gold demand in India. Currently in India, Jayant is basing his assessment of future demand on what he sees in the streets in terms of poverty and recent pay cuts. We discuss which country or other entity could pick up this drop in demand and if it will have an impact on the underlying price.
Jayant also shares a couple stocks he likes for short term opportunities. These stocks include the arbitrage in the merger between AuStar Gold and White Rock Minerals, as well as investing in the warrants of Grand Columbia Gold.