The plain truth is that the current debt levels, carried by the developed world, demand a period of massive deleveraging to occur.
China accounted for 30 percent of all demand for the period, making it the largest gold jewelry market for the third consecutive quarter.
However, sales declined to 7.7 million tons in 2009, as ArcelorMittal put limits to steel production to counter declining demand during that period.
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"While we are currently seeing a heightened period of demand, it is likely that we will see a sustained level of orders for pandemic products over the next few years, " Witty said.
Global oil demand was flat during that period, but prices plunged by about 75 percent.
Yet, over the same period, the demand for gold jewelry rose by only 8%.
More than 2, 400 companies posted job ads during this 90-day period and hiring demand grew 61% year-over-year.
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Urbanization, he points out, is expected to attract more than 400 million farmers to cities over that period, sustaining demand for housing.
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"We are pleased to see a rise in European new car registrations in April after such a long period of depressed demand, " said Mike Baunton, SMMT Interim Chief Executive.
The mid-April price decline also came at a key period for seasonal demand due to spring weddings in India, as well as the May 13 Akshaya Tritiya festival, auspicious for gold buying.
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Developing World Oil Demand Steadily RisingEmerging markets are almost entirely the source of this increased demand, with China accounting for 41 percent of demand growth over that time period, the IEA forecast says.
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Some of my supply side friends are probably perturbed with me for my view that, while their model may be appropriate for normal times, Keynes is relevant during a period of inadequate demand.
And therefore, to support demand for auto sales during this period, I'm directing my team to take several steps.
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"If, as we expect, demand is strong over the Olympic period, prices will rise, " Miles Quest from BHA told the BBC.
They point out that Germany was able to grow in a period of flat domestic demand because external demand was booming.
This reflects a protracted period of weak external demand with consequent strongly negative effects on exports and increasing uncertainty about high-growth emerging countries.
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In the recent past this demand would have coincided with a period of financial globalisation that allowed many governments to rack up debt cheaply.
Further, this is a period of slower seasonal demand for gold jewelry, before this picks up in the second half of the summer, Winmill explained.
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The report says that demand for gold exceeded the same period last year in all areas except in ETFs, interestingly, which was supported last quarter by fears over sovereign debt abroad.
According to Martin Talbot, managing director of the Official Charts Company, the release of the countdown and the anniversary it celebrates coincides with a period of "unprecedented demand" for the single.
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The ECB machinations have helped the key smartphone players to avoid the worst-case scenario of European demand plunge during the key September sales period.
This has resulted in a slight rebound in world oil demand in 2012, with the recovery period concentrated in the last two months of the year.
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Indian jewelry demand has historically increased during the Shradh period of the Hindu calendar, but last year, high prices and a volatile rupee kept many Indian buyers on the sideline.
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But more than 100 people died over the period in accidents involving on-demand flights.
The trust had extra staff on standby for New Year's Eve after figures for late December and the Christmas period also showed an increase in demand compared with 2011.
Mr Wileman said the amount of food parcels handed out had "roughly doubled" compared with the same period last year, and the demand was not showing any signs of decreasing.
Commenting on the licensing of one of the new influenza drugs, Dr John Chisholm, chairman of the BMA's GP Committee, warned that if demand for the drug coincided with a holiday period such as the millennium, it could lead to the NHS being dangerously overstretched.
The Revenue did not demand interest from the other 21 companies for the period pre-2005.
This is a period that typically leads to improved Chinese demand for gold.
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Then on Wednesday, ASML Holding, a key European supplier to computer chip makers, said it swung to a profit in the second quarter after a loss in the year-ago period thanks to a sharp rebound in demand.
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