Tag: demand for gold
The Peak Gold Problem Is Very Very Real
Another day passes – and gold stays flat. . . It’s the most Frustrating thing to watch as the price of gold drifts sideways – I Grind My Teeth Often Over It. I know what’s causing it too – At Least I Think I Do – and that’s the worst thing about it. The recent soaring dollar and the Temporarily tightening central banks worldwide aren’t […]
Gold Demand Is Set To Rebound In Q3
The first quarter of 2018 saw gold demand dip to the lowest Q1 levels since 2008, during the height of the financial crisis. According to the World Gold Council, the drop-in demand was a function of the lack of investment into gold bars and coins, as well as, a decline in the demand for gold […]
Why Gold Could Be About To Soar – Hint It Has Little To Due With The Fed
In June 1884, a local farmer named Jan Gerritt Bantjes discovered gold on his property in a quiet corner of the South African Republic. Though no one had any idea at the time, Bantjes’ farm was located on a vast geological formation known as the Witwatersrand Basin… which just happens to contain the world’s largest known gold […]
6 Concrete Reasons Why Smart Investors Own Gold
Gold has always been a smart, long term investment for investors. It hasn’t been until the housing bubble crushed the stock market and volatility started to become a daily occurrence when owning gold has become a common thing. But smart investors own gold. And for good reason. In fact, in this post, I highlight 6 […]
Gold Hits Lowest Point In 9 Years
This week, the World Gold Council announced that the third quarter demand for gold has hit its lowest point since the third quarter of 2009. The final reading was for 915 metric tons, as seen in this graph: This shockingly low worldwide gold demand largely stems from the low demand coming out of India, which has seen a meager […]
Gold Breaks Through Resistance Level & Continues Rising
Several important factors are affecting demand for gold, and the price of gold accordingly. For starters, tensions with North Korea are looming large. Various experts are cautioning that the price of gold could surge to record levels – as high as $10,000 per ounce, owing to an imminent war with North Korea. Whether this comes to pass […]
