High Dollar Clients Want Physical Gold as Markets Deteriorate

by | Jan 9, 2009 | Headline News, Precious Metals

Gary Dugan, the chief investment officer for the US bank, said there has been a remarkable change in sentiment.

“People are genuinely worried about what the world is going to look like in 2009. It is amazing how many clients want physical gold, not ETFs…”

“They are so worried they want a portable asset in their house. I never thought I would be getting calls from clients saying they want a box of krugerrands.”

Merrill predicted that gold would soon blast through its all time-high of $1,030 an ounce, and would hit $1,150 by June.

Read the full story at the Telegraph…

Inflation is Running at 40-Year Highs!

Negative interest rates are taxing savers, creating food shortages, and making life miserable in the United States!

There's little time left before the REAL DISASTER occurs!

Download the Ultimate Reset Guide Now!

    Related Articles

    Comments

    0 Comments

    Commenting Policy:

    Some comments on this web site are automatically moderated through our Spam protection systems. Please be patient if your comment isn’t immediately available. We’re not trying to censor you, the system just wants to make sure you’re not a robot posting random spam.

    This website thrives because of its community. While we support lively debates and understand that people get excited, frustrated or angry at times, we ask that the conversation remain civil. Racism, to include any religious affiliation, will not be tolerated on this site, including the disparagement of people in the comments section.