In times of crises, investors are looking for their safety in gold. Currently, however, the market as well deserted, because of the high demand.
Nevertheless, there are still ways for investors to demand the precious metal to come.
On 6 October had the Munich precious metals dealer Pro Aurum on its Web site to announce that no further purchase orders are accepted. What happened?
Due to the tight situation in September by the global financial crisis, the frightened depositors sought their safety in the oldest currency in the world. The request for the popular precious metal was so great that the Internet servers of Pro Aurum temporarily collapsed. The owner of Martin Siegel of the commercial firm West Gold said
"It is very unlikely that a newly interested to buy gold this year."
Only last spring the company WC Heraeus and Umicore (to cover the greatest demand for gold bars in Germany) to keep pace with demand - now is the situation not so out. The sales manager Sebastian Hoffmann of the precious metals dealer MP reported:
"For several weeks, sources dried up all the goods. Were anything like it usually only up to one week."
Pro Aurum The competitor is also affected by product defects. Sales Director Davi d Reymann said:
. "So far we have three times been so much turnover as in the whole year we had enough merchandise had, it would be five times"
But with accurate keeps numbers he and the entire industry back. The gold buyer pay by Warren shortage now huge premiums on the market price. Nevertheless, should look for gold in retail therapy to realize that there are no interest or dividends on gold, only to rise when the price should be, there are also gains. Gold earned from the beginning to the end of the nineties, calculated in dollars a loss of 28%. Physical gold is therefore more than one type of insurance if a situation arises where the paper money is worthless because the monetary system collapses. be
the way, if this occurs, allowances, go for gold with, since they are only promises to pay the banks. Even much more than just a bank make promises as gold certificates German Bank offshoot DWS Go, which are protected by federal loans.
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