U.S. Gold Exports Surge As Gold Trade Deficit Continues

6:22 AM

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.

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