The West Sells Paper Gold While the East Buys Physical Gold

The West Sells Gold While the East Buys Gold

Buy Gold Online

JM Bullion

In this quick video on CNBC the announcer makes the point that the price of gold is dropping as those in the west sell paper gold. In the east, however, the announcer notes that physical gold is being bought en masse mentioning the long lines to buy physical gold to hold for the long term and that such purchases amount to a wealth transfer.

We noted last month that physical buying of gold and silver is increasing while the sales of paper gold and silver are pushing their prices down. Demand for physical gold and silver remains strong in the wake of paper selling.

In a world where the supposed safest sovereign debt, U.S. Treasuries, denominated in rock solid currency, the dollar, are headed toward a possible default, we wonder how long before the prices of gold and silver start their upward momentum and the safe haven status of gold and silver is regained.

Chinese House Wives Buy 300 Tons of Gold (video)

Get Free Updates From Smaulgld.com

Subscribe to Smaulgld.com and get the free In Case You Missed Itweekly email as well as updates and analysis on gold, silver, real estate and the economy.

Also get the free report “Twelve Key Differences Between Gold and Silver” when you subscribe.






Subscribe to Smaulgld.com to receive free gold and silver updates.

Further Reading:

Smaulgld Gold Buying Guide

Gold Continues to Move West To East

12 Ways Silver is Different Than Gold

Gold and Silver Price Manipulation – Suspected

Silver and Gold Manipulation – Actual

Buying Physical Gold and Silver

$640 million worth of gold sold in a minute on the CME

Asian Gold Demand Seen Surging by HSBC on Elevated Demand

Buy Gold and Silver

Please visit the Smaulgld Store for a larger selection of recommended Kindles, books, music, movies and other items.


Or you can support Smaulgld.com by making all your Amazon purchases through the search widget below and by ordering your gold and silver by clicking on the JM bullion ads on the site:

Buy Gold and Silver

DISCLOSURE: Smaulgld provides the content on this site free of charge. If you purchase items though the links on this site, Smaulgld LLC. will be paid a commission. The prices charged are the same as they would be if you were to visit the sites directly. Please do your own research regarding the suitability of making purchases from the merchants featured on this site.

The content provided here is for informational purposes only. Making investment decisions based on information published by Smaulgld (SG), or any Internet site, is not a good idea. Accordingly, users agree to hold SG, its owner and affiliates, harmless for all information presented on the site. SG presents no warranties. SG is not responsible for any loss of data, financial loss, interruption in services, claims of libel, damages or loss from the use or inability to access SG, any linked content, or the reliance on any information on the site.

The information contained herein does not constitute investment advice and may be subject to correction, completion and amendment without notice. SG assumes no duty to make any such corrections or updates. As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment. SG disclaims any and all liability relating to any investor reliance on the accuracy of the information contained herein or relating to any omissions or errors and as such disclaims any and all losses that may result.

Post Navigation