Of course they are !!
Complete crap that is! Retail Physical buying has been extremely high,
In the EU due to greece, The US mint cannot keep up with demand.
The Aussies are working nite and day to pump out as many Kruggerands as possible.
THey are probably bidding on several metric tons!
Complete crap that is! Retail Physical buying has been extremely high,
In the EU due to greece, The US mint cannot keep up with demand.
The Aussies are working nite and day to pump out as many Kruggerands as possible.
THey are probably bidding on several metric tons!
DislikedJune 15 (Bloomberg) -- Gold prices rose the most in a week on demand for an alternative investment to currencies as the dollar slumped and concern mounted that Europe’s sovereign-debt crisis will escalate.
This is just why I say the comment by China that it has gone off gold, it is too illiquid and costly to keep is rubbish. I bet they are buying gold whilst they are saying it. Maybe they were even give some gold to say it!Ignored
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News