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Wednesday, August 11
No good news from the U.S.
“There is no good news coming from the U.S. and the Euro zone” feels the Aussies and this has made them to buy gold coins in huge quantities. This was revealed by George Vo, Precious Metals Sales Manager of Gold De Royale in a press release in May 2010.
This is the first time I am hearing about the gold hysteria in Australia. Generally, news about the attitude of Australian investors is rarely published in newspapers.
I believe they too are sincerely reading the newsletters of the U.S. Gold Bureau, the number one authority on precious metal investment. They have been educating the Americans about the importance of diversifying their savings.
The news about the safety of investing in gold and silver have even prodded the Australian farmers to follow the mass.
I wish the Indian farmers too took a note of this wisdom of buying at least silver bullion, which they can easily afford.