A lot of people who buy bits of physical gold aren't looking to make a bracelet or ring. They buy gold because they believe disaster is imminent.
These investors are convinced gold will spike to $10,000 an ounce (it's currently around $1,225) when the U.S. government implodes, said Peter Hug, an executive at metals retailer Kitco.
Metals exec: 25% of physical gold buyers are crazy - Feb. 12, 2015
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.