Europe in crisis: everyone from Putin to ordinary savers are stockpiling gold
By GCRU Gold News on Thursday, August 13 2015, 12:41 - Permalink
European investors snapped up gold bars and coins at a rapid pace in the second quarter as turmoil in Greece threatened to push the country out of the eurozone.
"People are looking to protect their wealth," said Mr Hewitt. "Wealth is eroded in many ways, it could be through high inflation, currency weakness, it could be that people want to hedge their risk. Gold plays a really strong role in this.