How Will the Fiscal Cliff Affect Gold, Metals?

The TV hostess asks the analyst where the big gold buyers are coming from: European or US investors?

Those are correct answers, but the TV anchor and analyst truly show their ignorance of the global gold market.  The best answer is the big PHYSICAL (as opposed to paper) gold buyers are in Asia, specifically China, India, and Russia.

When the "experts" are clueless, it's an indication that the masses are even more so.


http://bloom.bg/11b8zIQ