The European union continues to embark on quantitative easing and the market reaction has been mixed. The stock markets fell and the Euro went up. Time will tell what the long term reaction will be. It’s been over seven years of low interest rate environment and the problems of the financial system have not been solved. Central bankers continue with the same prescription to the current economic ailments and investors are questioning if it works.
Investors are moving into physical bullion to safeguard their wealth. Over the last few years investors are demanding allocation. This means that the investors want to know that their product have serial numbers and that the product is specified to them. The product is unencumbered and the serial numbers are provided. It’s not just investors but central banks. China, India and Russia continue to be massive buyers of physical gold.
In the diamond segment Paul Wiseman covers the basics of selecting a natural fancy color diamonds.
