Sunday, May 24, 2009

Shortage of high-end diamonds causes Koborg to up the gold price

Shortage of high-end diamonds causes the Queen to up the gold price, and very wisely, thus increasing gold purchases which initiated chain reaction of upping the gold prices worldwide.

Koborg Bank and its Corporation, owned by the Queen, has been adhering to a specific formula for gold management where most (unspecified) of its gold is purchased with cut diamonds of more than 1 carat in weight, whereas most of the gold acquired for the Attland's national government is purchased with preferential barter privileges from Attland's gold producers. See gold prices in the Reference section on top right.

No comments: