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Hey Atomic Just to add to your comments about people selling...

  1. 284 Posts.
    Hey Atomic

    Just to add to your comments about people selling bank shares and getting into Gold etc.

    A couple months ago I bought some 1 ounce gold bullion coins, I got an assortment of Kruger Rands, Australian Kangaroos and Canadian Maple Leafs. The salesman that helped me said that they were seeing unprecedented demand for physical from ''small'' investors, evidently not that many people were selling.

    This correlates with anecdotal evidence coming out of other international mints, it seems back logs for physical are starting to develop.

    I hope this translates into a sizeable upward movement in Gold soon. With the Fed announcement out Friday, I think Gold could be all set for a nice bounce.

    Very interesting indeed.

    Cheers
    Ivan
 
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