Farmlands, Gold and Silver could all be considered a insurance policy against the global financial crisis… ~Ron
Gold is refined to an exceptional grade of purity (Reuters)
Gold & Silver Prices decline as Demand Increases
Egon von Greyerz told King World News that delays from Swiss gold refiners have expanded to a stunning 5 weeks. KWN readers need to remember that the Swiss refiners refine over 75% of the world’s gold supply. Greyerz also discussed what is happening with gold demand in other key markets.
Paper money hides the truth, and the truth is that most of the increase we have seen in paper wealth is illusory both for individuals and for the world. But it suits the governments to fool their people. This gives them the best chance of being reelected and they also engage in theft through inflation.
Full Report: kingworldnews.com
More Interesting reports about Gold Refineries over the years:
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Published on Dec 6, 2013 SilverDoctors.com
- Dec 14, 2008 Gold refineries in Switzerland are working at their limit to cope with demand. [Erhard Oberle, chief executive of Argor-Heraeus company for the past 20 years] He said the demand was so heavy that it could hardly be satisfied.The reason for the gold – and silver – rush is that at a time of financial crisis many investors want real assets. Swissinfo.ch
- Oct 12, 2012 Most of the gold produced in the world transits physically through Switzerland, and in particular Ticino. Four of the world’s major refineries of gold are located on Swiss soil.
… What keeps the Swiss refineries going at full pace right now is not so much the demand for semi-finished products for jewellery and watchmaking, but the demand for gold bars. Swissinfo.ch
Jsnip4 discuss his views on the markets for precious metals and the looming global financial crisis:
Posted Dec 11, 2013