German Investors Now World’s Largest Gold Buyers

German Investors Now World’s Largest Gold Buyers:

– German gold demand surges from 17 ton-a-year to a 100 ton-plus per year
– €6.8 Bln spent on German gold investment products in 2016, more per person than India and China
– Germans turned to gold during financial crises and ongoing euro debasement

– Evidence of latent retail demand on increased economic concerns
– “Gold fulfils an important long-term, wealth preservation role in German investors’ portfolios”

H/t reader squodgy:

“Something else to add to the confusion.”

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