Monday, January 7, 2013

7/1/2013: Falling speculative investment interest in gold


In two recent posts I covered US Mint sales data (annual and monthly) for gold coins. The core theme of both was the return to fundamentals in demand as signaled by sales volumes. Such a return, of course, is the flip-side of the retrenchment by speculative investors. Here's a chart from BCA from November 2012 showing just that process working through:



Note: Disclosure in the first link above.
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