German Gold - What Changed?....................from Rico

While the 'usual suspects' were playing 3-card Monte and whack-a-mole with Precious Metal spot prices (Gold and Silver) in Chicago's CME [read: notional paper] CRIMEX market, American investors weren't paying attention to anything beyond their options expirys.

- Something changed, because something is changing.

 

I wonder what it is?

 

Forget China, India, Russia as the World's largest buyer/investor in Gold. In 2016 Germany became #1.

- German Gold demand has rocketed from 17tons/yr to  +100tons/yr.

- $8bn USD (Euro 6.8bn) was spent on German Gold investments in 2016.

 

This is worth both (a) paying attention to, and (b) giving some serious thought to.