2012-09-06goldmoney.com

``On the charts there has been a normal bull market correction. As to whether it has fallen out of favour with investors you have to bear in mind that the run-up to almost $2,000 attracted speculative buyers, who would become sellers when their profits were threatened, and that is indeed what has happened. However, private individuals who look to precious metals as providing insurance against systemic risk have continued to accumulate holdings of physical metal, as our own experience at GoldMoney confirms. It's also worth pointing out that some respected figures in the investment world such as George Soros and John Paulson -- two men who could be fairly described as knowing a good deal when they see it -- have been big gold buyers of late.''



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