Gold purchases continued: Overview | ekontext
After a moment of rest and after calming the situation, we again see what happens in the market for precious metals. Fall paper price of gold and silver recently unleashed purchases of physical metal. People around the world are beginning to realize that this is a unique opportunity to gain a greater amount of precious metals at a competitive price. In the week following the raid on prices, dealers not manage to receive and process orders in the U.S., Canada, Europe and Asia. Gold purchases will lead to a gradual depletion of natural stocks?
Instead cultural survival bazaar of dropping stock prices of paper gold discourage people and reduce their interest in precious metals, which was originally a view to financial cultural survival bazaar policies cultural survival bazaar of governments and central banks, it seems that there has been just the opposite. If people were not able to stop in and purchase orders. Those who were waiting at the border price $ 1,400 an ounce as the game entered a silver price around $ 24, it can not be called otherwise than stupidity. If the banks will continue at this rate, the available physical stocks will be exhausted very quickly. Once word gets around that stocks are depleted, it will have far-reaching consequences for the entire financial cultural survival bazaar world. cultural survival bazaar Such phenomena are happening wherever the habitat of the free market operates invisible hand manipulators and central planners bright tomorrows, even with unwanted consequences that sometimes to perish beyond imagination.
The following cultural survival bazaar summary of the passage of time shows how these unintended - but more logical - the consequences manifested on the physical market. Table were divided into two parts, the older messages in the week immediately after the fall of prices, and the recent news of late. Reports do not include purchases of Central Banks eastern and southern countries, but especially retail sales and purchases of smaller investors.
Only in one day, 17 This month, the Mint has sold a whopping 63,500 ounces (2 tons) of gold, so for half of April has sold more gold coins than for the entire two previous months. As can be seen from the data, to date constitutes an April Fool's gold sales more than 71% of all sales for the first three months from the beginning of the year.
"In America, all vendors with whom I met, talking about the huge interest and large purchases. Silver is very difficult raises in any form unless you want to pay the premium of 20% or more. Equipment orders takes 5-6 weeks, which I think is very unusual. If you have the current price slump deter people from gold, so it all failed, basically reached the opposite. "
"We still have some supplies while silver ingots, but as coins Silver Eagles are spinning as the carousel, the supply of new coins will immediately be transmitted to the customer. Our job is just to wrap the coins out of the van into the box and immediately send out, we handle huge volumes of purchases. "... It seems that this is a widespread phenomenon, resellers report that:" Since we have seen prices fall in strong demand, "said Mark O 'Byrne, CEO and specialist in precious metals investment firm known GoldCore. Paper 'gold' futures lost at a cost of $ 200 per ounce, which is more than 13% over two days fall. Ended at $ 1,392 per ounce, up until the next day a little not recover. GoldCore records more purchases than sales. They come in waves from wealthy clients. With regard to sales, are typically sold only small quantities of up to 50 ounces, said O'Byrne.
"Bank of Nova Scotia in Toronto is experiencing a literal flood of candidates. People standing in line for hours to buy coins or ingots ... I have confirmed from UBS in Zurich that a similar situation is repeated there. They told me that people as well stand in long queues for shopping there as well. The physical market is very limited and many Swiss understand the current situation cultural survival bazaar as a huge buying opportunity. "" The decline in prices will not be long because of the physical inventory is rapidly depleted. Asian countries are aggressively buying gold. This is an unprecedented opportunity for investors. Decline in prices has created a huge demand for gold and silver, and anyone who wants to get rid of dollars or euros in favor of gold, because not trust paper currencies, now has a unique opportunity. "
"Because of the great interest due to the current decline in prices we are able to guarantee our usual action 'delivery the next day' ... provided that all orders will be processed within 7 days of registration ..."
Sales of gold from the Mint Perth Mint, which processes almost all of the gold wealth of the country increased significantly due to the slump in prices. "The increase in sales volume climbed to more than double cultural survival bazaar from last week," says the manager of precious metals mint Nigel Moffatt, although it does not give exact numbers, "people literally pushed over one another." "We have seen significant sales because people see value in gold "said Nigel Moffatt, adding" owners of physical gold are
After a moment of rest and after calming the situation, we again see what happens in the market for precious metals. Fall paper price of gold and silver recently unleashed purchases of physical metal. People around the world are beginning to realize that this is a unique opportunity to gain a greater amount of precious metals at a competitive price. In the week following the raid on prices, dealers not manage to receive and process orders in the U.S., Canada, Europe and Asia. Gold purchases will lead to a gradual depletion of natural stocks?
Instead cultural survival bazaar of dropping stock prices of paper gold discourage people and reduce their interest in precious metals, which was originally a view to financial cultural survival bazaar policies cultural survival bazaar of governments and central banks, it seems that there has been just the opposite. If people were not able to stop in and purchase orders. Those who were waiting at the border price $ 1,400 an ounce as the game entered a silver price around $ 24, it can not be called otherwise than stupidity. If the banks will continue at this rate, the available physical stocks will be exhausted very quickly. Once word gets around that stocks are depleted, it will have far-reaching consequences for the entire financial cultural survival bazaar world. cultural survival bazaar Such phenomena are happening wherever the habitat of the free market operates invisible hand manipulators and central planners bright tomorrows, even with unwanted consequences that sometimes to perish beyond imagination.
The following cultural survival bazaar summary of the passage of time shows how these unintended - but more logical - the consequences manifested on the physical market. Table were divided into two parts, the older messages in the week immediately after the fall of prices, and the recent news of late. Reports do not include purchases of Central Banks eastern and southern countries, but especially retail sales and purchases of smaller investors.
Only in one day, 17 This month, the Mint has sold a whopping 63,500 ounces (2 tons) of gold, so for half of April has sold more gold coins than for the entire two previous months. As can be seen from the data, to date constitutes an April Fool's gold sales more than 71% of all sales for the first three months from the beginning of the year.
"In America, all vendors with whom I met, talking about the huge interest and large purchases. Silver is very difficult raises in any form unless you want to pay the premium of 20% or more. Equipment orders takes 5-6 weeks, which I think is very unusual. If you have the current price slump deter people from gold, so it all failed, basically reached the opposite. "
"We still have some supplies while silver ingots, but as coins Silver Eagles are spinning as the carousel, the supply of new coins will immediately be transmitted to the customer. Our job is just to wrap the coins out of the van into the box and immediately send out, we handle huge volumes of purchases. "... It seems that this is a widespread phenomenon, resellers report that:" Since we have seen prices fall in strong demand, "said Mark O 'Byrne, CEO and specialist in precious metals investment firm known GoldCore. Paper 'gold' futures lost at a cost of $ 200 per ounce, which is more than 13% over two days fall. Ended at $ 1,392 per ounce, up until the next day a little not recover. GoldCore records more purchases than sales. They come in waves from wealthy clients. With regard to sales, are typically sold only small quantities of up to 50 ounces, said O'Byrne.
"Bank of Nova Scotia in Toronto is experiencing a literal flood of candidates. People standing in line for hours to buy coins or ingots ... I have confirmed from UBS in Zurich that a similar situation is repeated there. They told me that people as well stand in long queues for shopping there as well. The physical market is very limited and many Swiss understand the current situation cultural survival bazaar as a huge buying opportunity. "" The decline in prices will not be long because of the physical inventory is rapidly depleted. Asian countries are aggressively buying gold. This is an unprecedented opportunity for investors. Decline in prices has created a huge demand for gold and silver, and anyone who wants to get rid of dollars or euros in favor of gold, because not trust paper currencies, now has a unique opportunity. "
"Because of the great interest due to the current decline in prices we are able to guarantee our usual action 'delivery the next day' ... provided that all orders will be processed within 7 days of registration ..."
Sales of gold from the Mint Perth Mint, which processes almost all of the gold wealth of the country increased significantly due to the slump in prices. "The increase in sales volume climbed to more than double cultural survival bazaar from last week," says the manager of precious metals mint Nigel Moffatt, although it does not give exact numbers, "people literally pushed over one another." "We have seen significant sales because people see value in gold "said Nigel Moffatt, adding" owners of physical gold are
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