In a recent press release we dissected our new poll results on the gold price smash. Amazingly over 72% of our readers and clients from around the world believed drops in gold prices represented a gold buying opportunity. An overwhelming result there from 1000 gold investing individuals around the world in over 40 different countries, in this specific poll. Only 2% of those holding gold bullion told us they were actively selling gold.
We then updated our popular infographic – ‘Do the gold bugs know something you don’t‘ – to release the findings with great quotes from Jan Skoyles and Max Keiser.
View this week’s PR release below:
Record buying after gold price drops: Latest research from The Real Asset Co
After recent drops in the gold price, individual gold investors from around the world have been buying record amounts of gold bullion from retail brokers.
With The Real Asset Company’s Head of Research Jan Skoyles describing Chinese gold buying trends in particular as a “tidal wave being unleashed onto an already tight market for physical gold,” their latest research shows what over 5,000 investors from more than 80 different countries think about the world economy and bullion markets. Representing the largest range of goldbug opinion data online, key takeaways include:
- 73% see recent gold price drops as opportunity to buy ‘lots more’
- 53% of gold investors own Bitcoin
- Over 44% feel much financially worse off than they did previously
- Over 36% believe Japanese Yen will be most debased currency in 2013
- Brits believe the pound will be the most debased
With Max Keiser also suggesting that “citizens of America’s two biggest creditors China and Japan are now fighting each other to buy Gold and Silver,” there has never been a more important time for individuals to look at diversifying their investments. The Real Asset Co’s report is essential reading for anyone looking to invest in gold or silver bullion.
Please Note: Information published here is provided to aid your thinking and investment decisions, not lead them. You should independently decide the best place for your money, and any investment decision you make is done so at your own risk. Data included here within may already be out of date.