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Commodities Briefing - Categorized | Bullion/Gold, Commentaries more

Are gold and silver really protecting value?

Posted on 07 August 2013

In the U.S. institutional investors, in 2013, have sold off over 1,000 tonnes of gold holdings from the SPDR gold ETF, the investment banks, from the Gold Trust and from COMEX because they have switched from gold to equities in the U.S.
Nowhere in the world have gold investors followed U.S. investors, but have either held onto their gold or rushed in to buy up the physical gold made available to them. And this was done when prices were falling………………………………………..Full Article: Source


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VRS - who has written 36199 posts on Opalesque Commodities Briefing.


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