Wednesday, April 17, 2013

Waht Really Caused The Gold & Silver Price Drops




News  on gold and silver. Physical gold being hoarded and physically claimed. Theories and projections. Bullion will have a sell off! Because any individual or company with large amounts of bullion want property or Land.Property gets you a rental income & land can be built on or let out & any asset which gives the owner a return will always beat any asset which does not & you's will all find that Land as been here just as long as gold.eagles are only 92%, similar to crown gold. They contain the full weight mentioned on the coin with the addition of silver and copper to harden them.

People running through the gate to buy Gold Bullion


There are reports of very strong demand for coins and bars from buyers internationally who believe that the sell off that saw gold fall to a two-year low is overdone.

Very significant demand is being seen throughout the world for physical bullion – in Japan, India, Australia, the U.S., Europe and elsewhere.  The speculative raid by one or two banks which led to the price crash is being seen as a gift by eager buyers internationally.
Gold sales from Australia’s Perth Mint, which refines nearly all of the nation’s bullion, surged after prices plunged, adding to signs that gold’s slump to a two-year low is spurring increased demand.
“The volume of business that we’re putting through is way in excess of double what we did last week,” Treasurer Nigel Moffatt said by phone, without giving precise figures. “There’s been people running through the gate.”
The Perth Mint’s sales of gold coins climbed 49% to 97,541 ounces in the three months ended March 31 from a year earlier, according to data from the facility in Western Australia that was founded in 1899.
- in http://www.resourceinvestor.com/2013/04/17/people-running-through-the-gate-to-buy-gold-bullio?ref=hp&t=precious-metals&page=2





MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

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