CA NeWs Beta*: America is buying Gold! Should we?

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Tuesday, November 24, 2015

America is buying Gold! Should we?


America is buying Gold! Should we? Modi Ji has three schemes running for us !

U.S. demand for gold bars and coins surged 207% during the third quarter of 2015, the World Gold Council said on Thursday. The skyrocketing demand signaled a level of interest in gold
investment "not seen since the global financial crisis," the Council said.

The U.S. Mint backs up that assessment. It said gold Eagle coin sales surged to nearly 400,000 ounces last quarter, the highest level in more than five years.

'Bargain shopping' for gold
Gold watchers chalk up Americans' newfound love for gold to two major factors: prices looked relatively cheap and see http://money.cnn.com/2015/09/01/investing/stocks-markets-dow-china-crisis/?iid=EL

In July gold prices fell below $1,100 an ounce for the first time in five years. Apparently many people decided it was too good an opportunity to pass up. "People were bargain shopping. There's no question about it," said Bob Alderman, head of global wealth management at Gold Bullion International.

You decide what to buy; what to advice your clients to buy.

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