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FSN: Smart Asians Drive Gold Demand to 30 Year High
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
by Michael O’Brien
GoldCore
Today’s AM fix was USD 1,417.25, EUR 1,091.70 and GBP 931.05 per ounce. Yesterday’s AM fix was USD 1,425.00, EUR 1,092.54 and GBP 935.04 per ounce.
Gold climbed $24.50 or 1.75% yesterday to $1,425.40/oz and silver finished +0.82%.
Asia is seeing a new gold rush.
Demand for gold bars, coins and jewellery has soared as bargain hunters try to capitalize on the dip in prices.
In Hong Kong and Beijing customers lined up outside banks and jewellery shops to make purchases and in some instances there was not enough physical metal to meet the demand.
Continue Reading at GoldGore.com…
2013-04-23 06:45:05
Source: http://silveristhenew.com/2013/04/23/smart-asians-drive-gold-demand-to-30-year-high/
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