Incredible Gold Demand Overwhelms IAU Gold Trust, Forced to Cease Share Creation by Nathan McDonald, Sprott Money
The demand for gold remains intense. This year has seen incredible strength in the physical precious metals markets as gold, though not rocketing higher, has stood stout in the face of crashing commodities markets.
This strength has once again shown the world that gold is no mere metal. It is an insurance policy against political collapse, chaos and turmoil. In addition, it is true and real money – money that has stood the tests of time and weathered the many storms that have plagued mankind.
The latest indication of gold’s incredible, continued strength comes from Blackrock ETF, who issues the IAU (Gold Trust)....
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