Next, why the prices of gold are too high? What are the prices doing? The first thing that comes on our mind is Mediocre. In the whole world it has been noticed that the fireworks have taken place all around.
On few areas there is some links which are connected with each other.
Isn't the old law of supply and order still in effect? Isn't it still true that when people want more of incredible, its supply decreases and its price head north?
Or did the law acquire revoked, and we just not at all got the memo?
ARMAGEDDON ON WALL STREET, A YAWNER ON GOLD STREET
The things taking place on the Wall Street is something which you don’t know about. The stock are decreasing and getting worse loss in the value and how government is not taking any step.
This will be left on your brain forever as a memory.
There always a rush for the precious metals which are gold silver in many areas which includes Europe to Asia and even to America all over the world.
In one of the story which was in London’s Evening Standard, the sale of gold coins have been halting and said. "German gold dealers say demand has skyrocketed this past week to 10 times normal so no more orders can be taken for the foreseeable future."
The producer of gold and silver Philharmonics who is Muenze Osterreich was given report by Toni Straka of SeekingAlpha.com in which the third work was added to get more coins which was the extraordinary demand.
The sale of these popular coins has stopped now which was after the introduction of gold Eagles 20 years
ago. It decided to give more quality supply to the dealers who buy those products.
It has spread widely. It has been predicted by Paul Joseph Watson that nowadays people are running towards eBay. He said "Since buyers are finding it near impossible to get gold bullion from recognized dealers, many are turning to eBay where auctions for one ounce Krugerrands and Maple Leafs are fetching anything up to 150 ($260) over spot price."
The demand for gold is increasing rapidly.
Its prices are also increasing with the increase in its demand.
What is this actually?
It is like that the tank of gas is full but the gauge is nil.
This is the prediction of many experts that in spite of $800s or $900s the gold rates should have gone to above something $1,100 an ounce. This is the conservative estimate which is provided to the destruction to the nation.
Why the separate? The Market Oracle's Alex Wallenwein believes he knows:
"Gold is gold, paper is paper, and 'Comex gold' is nothing but paper masquerading as gold while simultaneously pretending to be the price-setting medium for actual gold in the world. Now, finally, Comex-gold is in the process of being unmasked."
He further told that what this reveal has unmasking:
"The real supply and demand determinants for Comex gold are not actual gold investors but fund managers. Fund managers are inextricably intertwined with the world of contract-based credit instruments. They bet on Comex gold contracts to hedge their other (currently horrendously losing) bets with something they all, in their in-bred belief in paper markets, believe will 'go up' in value while everything else is going down."
Another perspective was taken by Trader Dan Norcini from jsmineset.com. it has been known that when the funds get redemption from the clients which need them badly who now wanted money in spite of investing on it, their manager are emphasized to give them to produce money in return.
Read more about this article here.
COMPARISON BETWEEN GOLD AND MANIPULATION
Is it a serious issue which is running here?
Are really the prices are red hot which pouring water on the metals with their forced redemption? Does the
Comex version somehow look alike with the happening of the dealers? Are the supplies and need in the real world?
It has been understood that the metal prices are shamelessly manipulated. This is the perspective from the anecdotal of a gold dealer.
The price is so low but the demand for it is so high.
Is the American Gold Eagle ready of gold?
The president of Lear Capital named Kevin DeMeritt who is also a author who publish focused on more than 1000 programs of the radio which are Rush Limbaugh and Coast to Coast with George Noory which explained the economy of the present and shown the clear picture.