Gold - You Are Here

It would seem the demand for physical gold and the apparent limit on paper-gold decompression (given recent musical chairs in COMEX and Gold ETF holdings rising) are hitting at an inopportune time for the confidence-inspiring central banks of the world... Seasonally (for 30 years), August has marked the cylical low.


Gold Seasonality (via USFunds)


as Gold ETF Holdings rise most in 9 months...


Chart: Bloomberg