Dubai's historic gold souk shines again after lockdown

Section:

From Gulf Today, Sharjah, United Arab Emirates
Saturday, May 16, 2020

DUBAI, United Arab Emirates -- Evening dresses made of gold mesh, gilded sunglasses, and glittering crowns are sparkling again from the windows of Dubai's historic gold souk, which was shuttered during the coronavirus lockdown.

One important element is still missing -- customers.

But for business owners, the reopening of one of the world's biggest gold markets is a vital move toward normality ahead of the autumn tourist season, in a city that prides itself on shop-til-you-drop experiences.

... Dispatch continues below ...



ADVERTISEMENT

Asante Gold pursues high-margin, low-capex projects
in Ghana, Africa's largest and safest gold producer

Asante Gold Corporation (CSE:ASE / Frankfurt: 1A9 / U.S.OTC:ASGOF) is focused on developing high-margin, low capital-expense gold projects in Ghana, Africa's largest and safest gold producer.

Our experienced team members have developed 18 million ounces of gold resources in Ghana and have managed its largest underground mine.

We plan to develop our projects in a safe and environmentally sustainable way using new green technology and methods.The first mine we plan to build, Kubi, will be powered by a four-megawatt solar plant.

We believe gold is the only real money and is the basis of all money. We believe in sharing our future earnings with our shareholders. We invite you to join with us to help us finance and grow in this new 2020 super bull gold market. Visit us here:

http://www.asantegold.com/



"Reopening the shops is a big step for us. ... The main factor here is psychological," said Tawhid Abdullah, chairman of the Dubai Gold and Jewellery Group.

"We expect that by July or August when the airports reopen ... we will regain 50 percent of our business activity," he told a section of the media.

Dubai welcomed more than 16 million tourists last year and was aiming for 20 million this year before the pandemic crippled global travel. ...

... For the remainder of the report:

https://www.gulftoday.ae/lifestyle/2020/05/16/dubais-historic-gold-souk-...

* * *

Toast to a free gold market
with great GATA-label wine

Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA's recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.

Here's what the bottles look like:

http://www.gata.org/files/GATA-4-wine-bottles.jpg

Buyers can compose their case by choosing as many as four varietals from the list here:

http://www.gata.org/files/FayJWineryVarietals.jpg

GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?

To order a case of GATA-label wine, please e-mail Fay J Winery at bagman1236@aol.com.

* * *

Support GATA by purchasing
Stuart Englert's "Rigged"

"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --

https://www.amazon.com/Rigged-Exposing-Largest-Financial-History/dp/1651...

-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at srenglert@comcast.net.

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16