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<p>[QUOTE="medoraman, post: 1217885, member: 26302"]That, and the dysfunctional, highly manipulated, and overpriced stock markets there and I can see why the rich do not know where to put their money. I have rish friends in Thailand and there they buy real estate versus any stocks, since those stock markets in a lot of ways are like ours were 100 years ago. This is meaning the insiders make all of the money and small investors regularly getting stolen from. Real estate in Thailand is so overpriced that Chiang Mai is more expensive per acre than land in Chicago or LA.</p><p><br /></p><p>LD is completely right decent options for capital is another factor driving this market. It also drives Asian appetite for gold. At least the market will not be able to steal your life investment if you have it under your bed. This fact could actually complicate people's PM feelings. If these areas of the world change their opinions on domestic stock and bond markets, there could be a seismic shift in demand for gold.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1217885, member: 26302"]That, and the dysfunctional, highly manipulated, and overpriced stock markets there and I can see why the rich do not know where to put their money. I have rish friends in Thailand and there they buy real estate versus any stocks, since those stock markets in a lot of ways are like ours were 100 years ago. This is meaning the insiders make all of the money and small investors regularly getting stolen from. Real estate in Thailand is so overpriced that Chiang Mai is more expensive per acre than land in Chicago or LA. LD is completely right decent options for capital is another factor driving this market. It also drives Asian appetite for gold. At least the market will not be able to steal your life investment if you have it under your bed. This fact could actually complicate people's PM feelings. If these areas of the world change their opinions on domestic stock and bond markets, there could be a seismic shift in demand for gold.[/QUOTE]
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