Pattaya, October 14 [PATTAYA ONE NEWS] : If you are considering purchasing Gold here in Pattaya for yourself or a loved one, we suggest you do it quickly as the price of gold is expected to dramatically increase over the coming months in sync with the global increase in gold prices. The current price of gold as of Wednesday Afternoon is 17,150 Baht per 1 Baht weight of gold. This price is expected to increase to as much as 18,000 Baht in the next 2 months. If you have gold to sell we suggest you hold onto it for a while but if you are buying gold, we suggest you do it now.

Source:

http://www.pattayaone.net/news/2009/octobe...4_10_52_4.shtml

Is this an hidden ad for a goldshop or was this article written by someone with a crystal ball.

And is it only in Pattaya, or do those who doesn't live i Pattaya also have to rush out and stock gold..

this guy must not know that gold trades on the world market.

Gotta watch those greedy Pattaya gold dealers. Just because gold has nearly doubled in price to

more than $1,060 on commodity markets, local gold dealers have increased their prices also. Let's

boycott gold shops here and, instead, buy in Bangkok.

The gold price is in US$ on the international market. Given the slide of the UD$ it is no surprise to many that the price has gone up. The folk who control the THB have not caught up with the pile of reading on their desk and still have the THB almost in lock step with the US$, so yes the gold price in THB will be going up for some time yet.

Gold shops to be monitored

Due to the record rise in the price of gold, Police Lieutenant Colonel Sutham Chaosrithong,

Deputy Superintendent of Pattaya Police Station, announced on the 14th October that in order to deter theft and burglary, gold and jewelry shops in Pattaya will be given extra protection and monitoring by officers and volunteers. Officers will visit shops to make sure that their security such as CCTV equipment is functioning correctly.

Source:

http://www.pattayapeople.com/

^never mind proper policing in the various soi(s). Let's protect the gold shops.

^never mind proper policing in the various soi(s). Let's protect the gold shops.

They are the ones that can afford to pay !