Do You Have Your Physical Gold Yet? Not Paper gold but real gold that you can hold in your hand. The US Mint ran out of gold and suspended sales for the rest of 2015.
China, Russia and India are buying tons of gold at these fire sale reduced prices.
China the largest producer of Physical gold does not sell it and keeps it in China.
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The amount of gold withdrawn from the vaults of the Shanghai Gold Exchange (SGE), which equals Chinese wholesale gold demand, accounted for 45 tonnes in the trading week that ended on 6 November. Year to date SGE withdrawals have reached an astonishing 2,210 tonnes, which is more than the full year record set in 2013 at 2,197 tonnes. With nearly two months of trading left in the Chinese gold market, SGE withdrawals are estimated to reach more than 2,600 tonnes.
China is the second largest economy in the world that has stated the US dollar should be replaced as the world reserve currency. At the same time the global economy is still struggling to recover from the biggest financial crisis in recent history by printing money, which seems to do nothing more than buy time
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