Hot! Americans Rushing to Buy Gold, Silver

020113_Americans Buying Gold_BullionVault

Americans might finally be reacting to the uncertain economic climate in the U.S.: The Daily Sheeple is reporting that $114 billion dollars in cash was withdrawn from the nation’s largest banks in the last thirty days. In addition, investors purchased nearly half a billion dollars in gold and silver in the last 30 days. The U.S. Mint had to halt production of silver coins due to the demand.

The Mint has also sold the most ounces of gold in January than in almost three years. Americans may be  diversifying their assets, or rather, transitioning to physical, precious-metal assets, in anticipation of the looming and delayed fiscal cliff.


Related videos: Buying Gold in Thailand

Related blog posts: The Price of Gold Has Broken Out

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Thailand does not provide a work visa that serves as both a visa granting permission to stay in the Kingdom and permission to work while staying in the Kingdom.

Flickr photo courtesy of BullionVault


  1. I am an American living in Japan and I am soon to visit Bangkok. I am in the market to buy gold/silver bullion/bars and was wondering if Thai. is a good place to do so ? I know most everything is much cheaper there. I’ve heard one saves on fiat taxes and fees….


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