The world's wealthiest people have responded to economic worries by buying gold by the bar by the ton.
The world's wealthiest people have responded to economic worries by buying gold by the bar and sometimes by the ton and by moving assets out of the financial system, bankers catering to the very rich told Reuters, the news agency.
Fears of a double-dip downturn have boosted the appetite for physical bullion as well as for mining company shares and exchange-traded funds, UBS executive Josef Stadler told the Reuters Global Private Banking Summit.
"They don't only buy ETFs or futures; they buy physical gold," said Stadler, who runs the Swiss bank's services for clients with assets of at least $50 million to invest.
Ok we have not got $50 million hanging round, well I sure haven't but there is an option to buy gold in very small quantities.
The Ultimate System Be Part Of Now. If you wanted to invest in small quantities is utilising the revolutionary Kine Bar' 999.9 pure gold bullion. Global access to gold bars have never been available like this before giving the option for the small investor to protect their money from hyperinflation.
Quality KB gold bullions
All serial numbers are cut with laser. This makes every gold bullion unique. A hologram adorns the rear side of every bullion. Gold bullions adorned with a hologram will always keep their value on the free market.
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