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Title: Gold Falls 4% As Futures Sold Aggressively While Buying of Coins and Bars Surges
Source: [None]
URL Source: https://news.goldcore.com/gold-fall ... ying-of-coins-and-bars-surges/
Published: Mar 13, 2020
Author: Tyler Durden
Post Date: 2020-03-13 11:44:38 by Horse
Keywords: None
Views: 3994
Comments: 73

Stock markets around the world collapsed yesterday as market panic led to massive sell offs of over 10% on U.S. markets, the worst crash since October 1987 and European stocks had the largest falls seen since 1940.

? Gold started the day well and only started falling at 1130 GMT and ended the day 4% lower; the sell off was once again solely a futures market phenomenon as government mints, refineries and gold bullion brokers around the world including GoldCore, saw very significant demand for coins and bars – and very little selling.

Poster Comment:

Good sign. End is nigh.

Post Comment   Private Reply   Ignore Thread  

Begin Trace Mode for Comment # 20.

#1. To: Horse (#0)

With the stock market crashing, shouldn't gold be going up? Ain't that the way it's supposed to work?

But the gold/silver ratio is up to 105. Never saw it that high before.

StraitGate  posted on  2020-03-13   14:20:28 ET  Reply   Untrace   Trace   Private Reply  

shouldn't gold be going up?

That's paper gold that's going down, ETF's, not the yellow stuff.

Trade all of your paper fiat FRN's & phony paper PM's for the real thing, physical Gold & Silver.

hondo68  posted on  2020-03-13   16:07:42 ET  Reply   Untrace   Trace   Private Reply  

Gold today ended at $1529.29 and the Futures at $1517.80, these figgers are per ino.com

I pulled the trigger on some yellow stuff, for better or worse.

Lod  posted on  2020-03-13   21:08:05 ET  Reply   Untrace   Trace   Private Reply  

I pulled the trigger on some yellow stuff, for better or worse.

Hey, Loddy, check out MoneyMetals.com

Interesting stuff, premiums might be a bit high, but you never know when you're going to need a good supply of rhodium.

The .999 copper rounds caught my eye, some neat designs and only about a buck a whack. Might be a good gift to give a future metal bug. Cheap, copper's been down quite awhile.

Esso  posted on  2020-03-13   22:21:47 ET  Reply   Untrace   Trace   Private Reply  

Excellent find, thank you.

They were a bit cheaper than Provident, so I'll definitely check them out further, thanks, again.

Lod  posted on  2020-03-13   22:44:08 ET  Reply   Untrace   Trace   Private Reply  

#24. To: Lod, 4um (#20)

Excellent find, thank you.

Came up as one of those ads on the ZH homepage. The copper rounds caught my eye (Don't Tread On Me).

Esso  posted on  2020-03-13 23:03:41 ET  Reply   Untrace   Trace   Private Reply  

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