If this doesn’t get your attention, then you’re just not paying attention!
Long before the move into gold becomes a full-fledged “rush,” smart money with deep pockets will have been activating their own accumulation plan.
The chart below from Goldman Sachs research indicates what’s been going on under the radar. Gold ETF (visible) accumulation – which by the way has now officially reached record levels – is being substantially eclipsed by the build in non-transparent gold investment, as it is ensconced around the world in private vaults, kept “in hand” near one’s residence, or simply buried in the back yard.
another one of “those articles”…gold was a great hedge today…Ha Ha!
No Comments
No comments yet.
RSS feed for comments on this post.
Sorry, the comment form is closed at this time.