– ‘Gold’ Spikes Off 2015 Lows As Gold Coin Sales Surge To Highest Since Financial Crisis:
With the ‘paper’ price of gold are a somewhat unprecedented barrage of selling currently (down 9 of the last 11 days) to 4-month lows, one could be forgiven for thinking that demand for the precious metal is dropping. However, as almost every nation in the world (ex US) is devaluing their currency, The World Gold Council reports that physical gold demand has risen dramatically with US gold Eagle coin sales at the highest levels since the financial crisis.
‘Physical’ Demand is exploding…
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