Sunday, July 28, 2013

New Precious Metals Vaults in Singapore

Where is all the gold and silver that needs storing in Singapore coming from? Not from China, Russia nor India.  New vaults in Singapore are strong evidence that bullion is moving from west to east.  They would not build new storage facilities without demand for it.

http://www.bloomberg.com/news/2013-07-28/silver-vault-for-200-tons-starts-in-singapore-as-wealthy-buy.html

Inside a gold vault at the Bank of England with a scientist.  Actually, I'm not sure who the host is, but with hair like that he must be a scientist!  And, he seems to get most excited about the physical properties of Au.


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