Things That Make You Go Hmmm… Like “Anti-Gold Idiots”

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Source: Zerohedge – Things That Make You Go Hmmm… Like “Anti-Gold Idiots”

This next paragraph contains what Grant Williams believes is the fundamental principle of investing in gold and silver, which so few people genuinely understand — despite the multitudes of commentators expending countless thousands of words.

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Gold purchases surge in China as prices slump in run-up to Spring Festival (Jan 2014)

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Source: Want China Times – Gold purchases surge in China as prices slump in run-up to Spring Festival

Notable excerpts:

Many shops selling gold in Beijing are catering to a steady stream of customers interested in buying the precious metal after gold prices started decreasing.

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Gold Rebounds With Silver After Worst Annual Retreats Since 1981 (Jan 2014)

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Source: Bloomberg – Gold Rebounds With Silver After Worst Annual Retreats Since 1981

Notable excerpts:

Gold rose to a two-week high in New York, rebounding from the worst year in three decades, as a drop to a six-month low was seen spurring physical purchases and prompting some investors to reverse bearish bets. Silver jumped.

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China Gold Imports From Hong Kong Rise on Stockpiling (Nov 2013)

Chinese gold buying

Source: Bloomberg – China Gold Imports From Hong Kong Rise on Stockpiling

Notable excerpts:

Gold shipments to China from Hong Kong rose in October to the second-highest on record as jewelers and retailers bought the metal to build up inventories ahead of a peak-demand season at the end of the year.

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US sends $1-billion worth of gold to SA (May 2013)

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Source: Mail & Guardian – US sends $1-billion worth of gold to SA

Notable excerpts:

Unusually large shipments recently of gold totalling $1.1-billion from New York to South Africa, one of the biggest producers of gold in the world, has set off rumbles in the business world, but Rand Refinery says it is just business as usual.

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