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anorton anorton is offline
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Default OT-Gold shortage in EU


"azotic" wrote in message
...
It is not just professional investors who are worried. Bullion traders
report a sharp increase in demand from ordinary savers. Refineries in
South Africa say they are overwhelmed by orders from Germany for
Krugerrand gold coins. The Austrian mint says it ran out of its stock of
similar coins last week, as the price of an ounce of gold broke through
?1,000 (£850) for the first time.

http://www.guardian.co.uk/business/2...nancial-reform

Best Regards

Tom.


The other day I saw gold coins being sold on an infomercial on daytime TV.
I tool this as a sign that this is definitely NOT the time to buy gold.