Metalworking (rec.crafts.metalworking) Discuss various aspects of working with metal, such as machining, welding, metal joining, screwing, casting, hardening/tempering, blacksmithing/forging, spinning and hammer work, sheet metal work.

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Old May 16th 10, 01:12 AM posted to rec.crafts.metalworking
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Default OT-Gold shortage in EU

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.



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Old May 17th 10, 02:03 AM posted to rec.crafts.metalworking
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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.



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