First published by Money Metals here:
https://www.moneymetals.com/news/2017/07/03/us-gold-exports-surge-001104
While precious metals investors in the West are frustrated by the low gold price (and the failure to break above $1,300), the East doesn’t seem to mind a bit. The Eastern philosophy for owning gold is to acquire it on price dips for the longer term, while the West tends to become frustrated over the shorter term.
