Precious Metals Forum

Go Back   Precious Metals Forum > Precious Metals and Economic News > Gold Bug

Like Tree1Likes
  • 1 Post By Jay

LinkBack Thread Tools
Old 08-29-2012, 07:44 PM   #1
Yellow Jacket
Join Date: Jun 2012
Posts: 1,511
Liked: 671 times
The Math Behind Italy's 28,000 "Cash For Gold" Outlets

good ZH article, what I found interesting was the "new European market". Talk about a canary in a coal mine....


Aug. 27 (Telegraph) – Unilever will adopt marketing strategies used in developing countries in order to drive future growth in Europe.

Then we find out that Unilever will market to Europeans like they do to Indonesians:

“In Indonesia, we sell individual packs of shampoo for 2 to 3 cents and still make decent money,” said Mr Zijderveld. “We know how to do that, but in Europe we have forgotten in the years before the crisis.”
ancona likes this.
Jay is offline   Reply With Quote
Old 08-30-2012, 07:06 AM   #2
Golden Cockroach
PMBug's Avatar
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,103
Liked: 2456 times
Austerity for the people, bonuses for the bankers.
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Old 08-30-2012, 11:21 AM   #3
Predaceous stink bug
Join Date: Apr 2012
Posts: 192
Liked: 134 times
People in Italy,Spain,Greece & everywhere around the world are selling their Au teeth & whatever to eat & pay bills.
What happens when they run out of teeth & jewelry??? Not Pretty.
Gold has become a huge export in Italy....True wealth leaving for paper..

BigJim is offline   Reply With Quote

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads
Thread Thread Starter Forum Replies Last Post
The Dutch ask.. "Where is our gold?" DSAbug Gold Bug 6 12-11-2014 08:16 AM
Anyone who believes in a return to a gold standard is an "extremist" according to the FBI swissaustrian Fiat Ponzi 15 02-02-2013 10:40 AM
Mining DOCUMENTARY series: "Gold Rush Alaska" on Discovery Channel swissaustrian Mining 17 01-24-2013 02:36 PM
"Gold Commission" Talk in GOP white&yellow999 PM Bug 5 08-24-2012 10:35 AM
London olympics "gold" medal contains just 1.5pct gold, but 92.5pct silver swissaustrian PM Bug 10 07-27-2012 04:10 PM

All times are GMT -5. The time now is 05:01 AM.

Powered by vBulletin® from Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.6.0 PL2 ©2011, Crawlability, Inc.
Content of copyright © 2011 - 2019 Measuring Up. All Rights Reserved.