from KingWorldNews:
I
take a big macro view of gold here, and what I sense all along is that
the Western central banks must really be running on fumes when it comes
to (physical) gold. I must say that I am never disappointed by the data
points that I see in physical gold.
For example, I just saw the Perth Mint, their gold sales were up 50% and the silver sales are up 70%. The Bank of England, the Royal Canadian Mint, all of the sales are up and getting into seriously high numbers. All the while, this is all predicated on the gold and silver supplies hardly going up at all.
In fact, I think the gold supply will be down this year from maybe even back to (the year) 2000.
Eric Sprott continues @ KingWorldNews.com
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I
take a big macro view of gold here, and what I sense all along is that
the Western central banks must really be running on fumes when it comes
to (physical) gold. I must say that I am never disappointed by the data
points that I see in physical gold.For example, I just saw the Perth Mint, their gold sales were up 50% and the silver sales are up 70%. The Bank of England, the Royal Canadian Mint, all of the sales are up and getting into seriously high numbers. All the while, this is all predicated on the gold and silver supplies hardly going up at all.
In fact, I think the gold supply will be down this year from maybe even back to (the year) 2000.
Eric Sprott continues @ KingWorldNews.com
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