According to The Telegraph, thousands of gold bars are being withdrawn from the Bank of England to meet demand in America.
Since late last year, my Gold investments have boomed. People bragging about the stock market honestly have nothing on this.
Concern over potential tariffs on bullion have led to over 8,000 bars being withdrawn and the Bank of England says that all appointment windows to remove gold from their vaults have been filled for the foreseeable future.
"The wait to withdraw bullion stored in the Bank’s vaults has risen from a few days to several weeks as traders rush to take advantage of differences in price."
For years, people sort of laughed at people who liked gold and said we were "cranks" and "gold bugs", but now the tables are turning.
I don't have much physical gold, obviously. There are security and other considerations, like trying to resell it yourself, and the people hitting up Costco are rank amateurs, but the ETFs are doing well.
Must remember to re-watch Die Hard with a Vengeance.
I loved that movie when it came out. In my opinion, one of the few sequels that outdid the first two movies. When there's three in a series, they almost never do that.
Since late last year, my Gold investments have boomed. People bragging about the stock market honestly have nothing on this.
Concern over potential tariffs on bullion have led to over 8,000 bars being withdrawn and the Bank of England says that all appointment windows to remove gold from their vaults have been filled for the foreseeable future.
"The wait to withdraw bullion stored in the Bank’s vaults has risen from a few days to several weeks as traders rush to take advantage of differences in price."
For years, people sort of laughed at people who liked gold and said we were "cranks" and "gold bugs", but now the tables are turning.
I don't have much physical gold, obviously. There are security and other considerations, like trying to resell it yourself, and the people hitting up Costco are rank amateurs, but the ETFs are doing well.
Must remember to re-watch Die Hard with a Vengeance.
I loved that movie when it came out. In my opinion, one of the few sequels that outdid the first two movies. When there's three in a series, they almost never do that.
