Comments on: Who is buying all the UK gold? http://www.goldbuyingguide.com/blog/who-is-buying-all-the-uk-gold-3/ Fri, 18 May 2012 03:26:07 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Saram http://www.goldbuyingguide.com/blog/who-is-buying-all-the-uk-gold-3/comment-page-1/#comment-2034 Saram Thu, 14 Jan 2010 11:14:44 +0000 http://www.goldbuyingguide.com/blog/who-is-buying-all-the-uk-gold-3/#comment-2034 Ok, its not just the UK's gold its the worlds gold. I heard about all this on a program called Matrix News Sky ch 200 or you can view it online. They were discussing the forecasted crash of the dollar. Also, before that I heard a chap called George Green being interviewed and he was discussing the crash of the dollar and the pound and that GOLD (silver also) will be the only currency worth anything! Since then (that was about 18month ago) the adverts have got worse and worse and the price of gold has gone up and up. In fact when I first heard the interview there weren't any adverts on TV offering to buy gold but now I see them all the time! You can see his interview here and it is well worth watching: there is also a part 2 to his interview aswell as loads of other interesting interviews by all sorts of people on that website. Check it out Nick, I'm sure its the type of thing you will like. So, in answer to your first question: Its being sold to people who have got the money to buy up as much of the stuff as they can. Answer to 2nd question: So that when the current currencies of the world crash and are worthless, they will have gold to use for trading with and they will still be rich. Its long lasting, hard wearing and a versatile form of currency. 3rd question: There is possibly some big event due to happen in the next few yrs or sooner that will totally mess up the worlds or part of the worlds current financial system and maybe more. 4th question: This could have an impact on home burglaries meaning more of them. Thieves do crime to make money (mostly because they are hooked on drugs). So if they know gold is worth alot of money now, then they are more likely to look for it. Although to them, I'm sure cash is still the best and quickest option.<a href="http://www.fishtrek.com/fishing-news/"> Saram</a> Ok, its not just the UK’s gold its the worlds gold. I heard about all this on a program called Matrix News Sky ch 200 or you can view it online. They were discussing the forecasted crash of the dollar. Also, before that I heard a chap called George Green being interviewed and he was discussing the crash of the dollar and the pound and that GOLD (silver also) will be the only currency worth anything! Since then (that was about 18month ago) the adverts have got worse and worse and the price of gold has gone up and up. In fact when I first heard the interview there weren’t any adverts on TV offering to buy gold but now I see them all the time!
You can see his interview here and it is well worth watching:
there is also a part 2 to his interview aswell as loads of other interesting interviews by all sorts of people on that website. Check it out Nick, I’m sure its the type of thing you will like.
So, in answer to your first question:
Its being sold to people who have got the money to buy up as much of the stuff as they can.
Answer to 2nd question:
So that when the current currencies of the world crash and are worthless, they will have gold to use for trading with and they will still be rich. Its long lasting, hard wearing and a versatile form of currency.
3rd question:
There is possibly some big event due to happen in the next few yrs or sooner that will totally mess up the worlds or part of the worlds current financial system and maybe more.
4th question:
This could have an impact on home burglaries meaning more of them. Thieves do crime to make money (mostly because they are hooked on drugs). So if they know gold is worth alot of money now, then they are more likely to look for it. Although to them, I’m sure cash is still the best and quickest option. Saram

]]> By: frozen555 http://www.goldbuyingguide.com/blog/who-is-buying-all-the-uk-gold-3/comment-page-1/#comment-2033 frozen555 Thu, 14 Jan 2010 10:46:11 +0000 http://www.goldbuyingguide.com/blog/who-is-buying-all-the-uk-gold-3/#comment-2033 You might also ask the question WHO is buying all the American gold? Who is selling it? An even better question would be WHY? :) The common people buy the gold. You and I and John the plumber to protect ourselves against inflation. And since this gold hype is going at full speed, this is why exactly I think that gold is not going to be such a good investment over the next 5-10 years. If something is too publicized and everybody knows about it, the expected explosion is not going to happen. You read this over and over again in traders' manuals that the biggest price moves are usually unexpected. In March 2009, the public didn't think that the market was going to go up like it did. The public is usually wrong. And if the public is buying gold, we will avoid an extraordinary inflation. That's good. What we will have instead is an extraordinary deflation and an economic slowdown as a result. Bottom line is that everybody cannot be a winner at the same time. If everybody buys gold, what happens? Same thing happens like if everybody bought a house or a laptop or a tulip bulb. You know what I mean...<a href="http://www.jewelrymakingidea.com/jewelry-making-kit.htm"> frozen555</a> You might also ask the question WHO is buying all the American gold? Who is selling it? An even better question would be WHY? :)
The common people buy the gold. You and I and John the plumber to protect ourselves against inflation. And since this gold hype is going at full speed, this is why exactly I think that gold is not going to be such a good investment over the next 5-10 years. If something is too publicized and everybody knows about it, the expected explosion is not going to happen. You read this over and over again in traders’ manuals that the biggest price moves are usually unexpected. In March 2009, the public didn’t think that the market was going to go up like it did. The public is usually wrong. And if the public is buying gold, we will avoid an extraordinary inflation. That’s good. What we will have instead is an extraordinary deflation and an economic slowdown as a result.

Bottom line is that everybody cannot be a winner at the same time. If everybody buys gold, what happens? Same thing happens like if everybody bought a house or a laptop or a tulip bulb. You know what I mean… frozen555

]]>