You know what the difference is between oil and gold?
Oil demand growth is slowing down, while gold/silver demand growth is accelerating.
Oil supply is growing, while gold/silver supply is coming down.
The best proxy is the U.S. Mint sales numbers.
Look how gold sales are spiking. We're hitting sales levels not seen since 2008.
Oil demand growth is slowing down, while gold/silver demand growth is accelerating.
Oil supply is growing, while gold/silver supply is coming down.
The best proxy is the U.S. Mint sales numbers.
Look how gold sales are spiking. We're hitting sales levels not seen since 2008.
Premiums are rising.
Silver on the other hand is not doing as well as evidence in the ratio silver to gold sold.