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overtheedge
Member since May 2012
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Gold's Plunge "Not Met by Stronger Physical Demand" as Precious Metals See "Unhappy Times" - Bullion Vault -

"In contrast with April's price drop, gold's recent fall has not been met with a surge in demand for physical bullion, Asian dealers report."

Ever hear of Occam's Razor? Perhaps the lack of a surge in demand is due to the buyers lacking a substantial increase in discretionary monies?

Commented 4158 days ago

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Beginning of the headline :London Gold Market ReportSPOT MARKET gold fell to its lowest level since August 2010 Wednesday, trading as low as $1224 an ounce, as stocks rallied along with the Dollar following better-than-expected US economic data a day earlier.By Wednesday lunchtime in London, gold in Dollars was trading around 4% down on where it started yesterday's London session.The Euro gold price also hit a fresh three-year low this morning, dipping below ?940 an ounce, as did gold in Sterling which traded as low as £7... Read More

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