Where Is All The Gold Going?
By GCRU Gold News on Sunday, October 25 2015, 00:05 - Permalink
Gold is an opaque market but my research and anecdotal evidence shows me that there is a lot of accumulation of gold going on that takes gold of the market for a long time. This is not short-term buying. Based on recent statements, as I already stated above, coming out from European central bankers, I would not be surprise to hear that Europe will soon start buying gold for its official reserves.