Shawn who is actually buying gold?
Certainly not the mom and dads they are net sellers by the truck load to all the gold buyers in the malls at 30% under market.
I know the scam,make the punters think they are getting a record price and shove an envelop under their noses to filled with your unwanted gold..when really the punters should be storing it and refining it themselves.
Im in the game i know jewellers are struggling to sell gold.
So who is buying, china and india?
Middle east oil money?
Smart western buyers of the physical?
All of the above i would say.
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