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Another Wild Week In Precious Metals Markets

October 7, 2013

Here is the latest article from Tim Iacono. Tim covers the continued lack of interest in the precious metals markets and also take a look at the continuing outflows from GLD. An interesting fact he brings up is that the Silver ETF has not experienced similar outflows. China also took further steps to deregulating the gold market which could lead to even more demand from what will soon be the worlds largest gold consumer. Tim asks “One of the most important questions for precious metals markets that will be answered during the last few months of the year is how demand in Asia holds up now that the initial buying fervor prompted by sharply lower prices in the spring has worn off.”

What do you think?

Tim is away this week so we will have him on next week to get an interview.

Click here to read the full article.