COMMODITIES :MAD RUSH FOR GOLD GLOBALLY
BY ABDULMUMINI ADEKU..
A Global financial services
analyst[names with held]has disclosed to this reporter at The News office Desk
of the E.N.M.Paedia Express Multimedia of Lagos,Nigeria of how top flight
business men around the world were piling up Gold deposits in huge reserves so
as to boost their networth in the future.
He explained that this was a smart move made by rich
business men so that they can compensate in the system if anything happens to
their liquid cash.
He noted that commodities
like Gold .Nickel,Diamond amongst others have the propensity to increase in
works as compared to raw cash.
He lamented that globally
Nigerian banks were being excluded from several top flight services like the patronage of Heritage assets just to name
but a very few due to criminality.
He afrfirmed that Qatar was
teh richest nation globally with the Industrial and Commercial Bank of China
the biggest.
He pointed out that due to
the quick success recorded by businesses in Hong Kong the market was expensive
and highly competitive.
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