Argentina Desperate For Gold As Inflation Passes 25%

Alix SteelIn a report on Argentina, Bloomberg’s Alix Steel states that:
Demand for gold is so strong in Argentina, the only bank that trades gold is looking to buy bullion directly from mining companies.  A sign of things to come in other countries perhaps, as Argentina fights the highest inflation rate in the Western hemisphere.

 

As there appear to be some issues with the video embed, it can be viewed at Bloomberg here:  http://bloom.bg/XUpxe1

 

 

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