This is what gold 'expert' Michael Kosares says in October 2011.
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U.S. gold Eagle bullion coin sales, as shown in the chart below, are representative of the trend. Note the substantial growth from the time of the 2008 financial crisis forward. Note also that the growth is in number of ounces, not dollar volume. Bullion coin sales are seen generally by analysts as a proxy for the overall market.
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Gold Eagle bullion sales have crashed.
Up to end of September:
2013 ---605,000
2014---295,000
If you take Michael Kosares advice you'll be phoning your local gold dealer and cashing out now.
This is what gold 'expert' Michael Kosares says in October 2011....
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