Quiet summer markets may offer one of the best opportunities to steadily accumulate gold and silver.
Quiet summer markets may offer one of the best opportunities to steadily accumulate gold and silver.
China imported 692 tonnes of gold during the first five months of the year, a 76% increase over last year.
Meanwhile, Samsung shares are taking a hit as momentum in the semiconductor sector begins to fade. With strong-handed buyers continuing to pile into gold, much of that supply may not return to the market anytime soon.
- China Imports 692 Tonnes of Gold in Five Months, Up 76% Year Over Year
- Samsung Stock Gets Whacked as Semiconductors Lose Steam
- Strong Hands Accumulating Gold Are Unlikely to Sell Anytime Soon
“I think we quickly forget the structural changes taking place in the gold market.
We can lose track of them and be blinded by short-term price action.
Indifference to these major structural changes, it’s going to be costly for policymakers and it’s going to be a lost opportunity for Western investors.” —David McAlvany
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