{"id":576,"date":"2011-04-06T08:23:26","date_gmt":"2011-04-05T21:23:26","guid":{"rendered":"http:\/\/www.australian-gold.com\/blog\/gold-and-silver-under-investment\/"},"modified":"2011-04-06T08:23:26","modified_gmt":"2011-04-05T21:23:26","slug":"gold-and-silver-under-investment","status":"publish","type":"post","link":"https:\/\/www.australian-gold.com\/blog\/gold-and-silver-under-investment\/","title":{"rendered":"Gold and Silver under-investment"},"content":{"rendered":"<p>GFMS CEO Paul Walker<\/p>\n<p>&#8220;&#8230;ultra-low interest rates, macro-economic dislocation, fears of global imbalances\u2026the wrath of these things still remain solidly in place and that\u2019s really the bedrock of the gold bull rally.&#8221;<\/p>\n<p><a href=\"http:\/\/seekingalpha.com\/article\/261759-the-bedrock-of-the-gold-bull-rally?source=email_watchlist\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-574\" title=\"gold-percentage-assets\" src=\"http:\/\/www.australian-gold.com\/blog\/wp-content\/uploads\/2011\/04\/gold-percentage-assets-600x273.jpg\" alt=\"gold-percentage-assets\" width=\"600\" height=\"273\" \/><\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-575\" title=\"gold-pension-funds\" src=\"http:\/\/www.australian-gold.com\/blog\/wp-content\/uploads\/2011\/04\/gold-pension-funds-1.gif\" alt=\"gold-pension-funds\" width=\"491\" height=\"414\" srcset=\"https:\/\/www.australian-gold.com\/blog\/wp-content\/uploads\/2011\/04\/gold-pension-funds-1.gif 491w, https:\/\/www.australian-gold.com\/blog\/wp-content\/uploads\/2011\/04\/gold-pension-funds-1-300x253.gif 300w\" sizes=\"auto, (max-width: 491px) 100vw, 491px\" \/><\/p>\n<p>I doubt that the situation is much different here in Australia. Being a gold and silver bug I have been following what is happening here on the ground in Australia. Our Silver ETC (ASX: ETPMAG) has a miniscule market turnover as does our Gold ETC (ASX: GOLD).<br \/>\n<strong>But just in case I&#8217;ve missed something I&#8217;ve been asking all of my friends if they own Gold or Silver bullion<\/strong>&#8230;. I&#8217;ve only found one person and he has a gold scrap business. I&#8217;ve yet to find anyone at all that has a few thousand ounces of silver or hundred Ozs of gold. And I haven&#8217;t heard a taxi driver or a concierge talk about gold or siler for many years&#8230;&#8230;So to me so far we aren&#8217;t in a bubble.<\/p>\n<p><!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal<\/w:View> <w:Zoom>0<\/w:Zoom> <w:TrackMoves \/> <w:TrackFormatting \/> <w:PunctuationKerning \/> <w:ValidateAgainstSchemas \/> <w:SaveIfXMLInvalid>false<\/w:SaveIfXMLInvalid> <w:IgnoreMixedContent>false<\/w:IgnoreMixedContent> <w:AlwaysShowPlaceholderText>false<\/w:AlwaysShowPlaceholderText> <w:DoNotPromoteQF \/> <w:LidThemeOther>EN-AU<\/w:LidThemeOther> <w:LidThemeAsian>X-NONE<\/w:LidThemeAsian> <w:LidThemeComplexScript>X-NONE<\/w:LidThemeComplexScript> <w:Compatibility> <w:BreakWrappedTables \/> <w:SnapToGridInCell \/> <w:WrapTextWithPunct \/> <w:UseAsianBreakRules \/> <w:DontGrowAutofit \/> <w:SplitPgBreakAndParaMark \/> <w:DontVertAlignCellWithSp \/> <w:DontBreakConstrainedForcedTables \/> <w:DontVertAlignInTxbx \/> <w:Word11KerningPairs \/> <w:CachedColBalance \/> 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\tmso-tstyle-rowband-size:0; \tmso-tstyle-colband-size:0; \tmso-style-noshow:yes; \tmso-style-priority:99; \tmso-style-qformat:yes; \tmso-style-parent:\"\"; \tmso-padding-alt:0cm 5.4pt 0cm 5.4pt; \tmso-para-margin:0cm; \tmso-para-margin-bottom:.0001pt; \tmso-pagination:widow-orphan; \tfont-size:11.0pt; \tfont-family:\"Calibri\",\"sans-serif\"; \tmso-ascii-font-family:Calibri; \tmso-ascii-theme-font:minor-latin; \tmso-hansi-font-family:Calibri; \tmso-hansi-theme-font:minor-latin; \tmso-bidi-font-family:\"Times New Roman\"; \tmso-bidi-theme-font:minor-bidi; \tmso-fareast-language:EN-US;} --><\/p>\n<p><!--[endif] --><\/p>\n<p><a href=\"http:\/\/email.seekingalpha.com\/track?type=click&amp;mailingid=28944&amp;messageid=407&amp;databaseid=405&amp;serial=1244554948&amp;emailid=simonstrauss@goldcoastaustralia.com&amp;userid=53538&amp;extra=&amp;&amp;&amp;9436&amp;&amp;&amp;http:\/\/seekingalpha.com\/symbol\/gld?source=email\" target=\"_blank\"><span style=\"font-size: 17pt; color: black; text-decoration: none;\">GLD<\/span><\/a><\/p>\n<ul type=\"disc\">\n<li class=\"MsoNormal\" style=\"margin-bottom: 2.75pt;\"><a href=\"http:\/\/email.seekingalpha.com\/track?type=click&amp;mailingid=28944&amp;messageid=407&amp;databaseid=405&amp;serial=1244554948&amp;emailid=simonstrauss@goldcoastaustralia.com&amp;userid=53538&amp;extra=&amp;&amp;&amp;9436&amp;&amp;&amp;http:\/\/seekingalpha.com\/article\/261831-economists-say-precious-metals-are-in-a-bubble-history-says-they-re-dirt-cheap?source=email_watchlist\" target=\"_blank\">Economists Say Precious Metals Are in a Bubble, History      Says They&#8217;re Dirt Cheap<\/a> by Danny Furman<\/li>\n<li class=\"MsoNormal\" style=\"margin-bottom: 2.75pt;\"><a href=\"http:\/\/email.seekingalpha.com\/track?type=click&amp;mailingid=28944&amp;messageid=407&amp;databaseid=405&amp;serial=1244554948&amp;emailid=simonstrauss@goldcoastaustralia.com&amp;userid=53538&amp;extra=&amp;&amp;&amp;9436&amp;&amp;&amp;http:\/\/seekingalpha.com\/article\/261818-wall-street-breakfast-must-know-news?source=email_watchlist\" target=\"_blank\">Wall Street Breakfast: Must-Know News<\/a> by SA Editor      Yigal Grayeff<\/li>\n<li class=\"MsoNormal\" style=\"margin-bottom: 2.75pt;\"><a href=\"http:\/\/email.seekingalpha.com\/track?type=click&amp;mailingid=28944&amp;messageid=407&amp;databaseid=405&amp;serial=1244554948&amp;emailid=simonstrauss@goldcoastaustralia.com&amp;userid=53538&amp;extra=&amp;&amp;&amp;9436&amp;&amp;&amp;http:\/\/seekingalpha.com\/article\/261759-the-bedrock-of-the-gold-bull-rally?source=email_watchlist\" target=\"_blank\">The Bedrock of the Gold Bull Rally<\/a> by Frank Holmes<\/li>\n<li class=\"MsoNormal\" style=\"margin-bottom: 2.75pt;\"><a href=\"http:\/\/email.seekingalpha.com\/track?type=click&amp;mailingid=28944&amp;messageid=407&amp;databaseid=405&amp;serial=1244554948&amp;emailid=simonstrauss@goldcoastaustralia.com&amp;userid=53538&amp;extra=&amp;&amp;&amp;9436&amp;&amp;&amp;http:\/\/seekingalpha.com\/article\/261738-today-in-commodities-full-agenda?source=email_watchlist\" target=\"_blank\">Today in Commodities: Full Agenda<\/a> by Matthew Bradbard<\/li>\n<li class=\"MsoNormal\" style=\"margin-bottom: 2.75pt;\"><a href=\"http:\/\/email.seekingalpha.com\/track?type=click&amp;mailingid=28944&amp;messageid=407&amp;databaseid=405&amp;serial=1244554948&amp;emailid=simonstrauss@goldcoastaustralia.com&amp;userid=53538&amp;extra=&amp;&amp;&amp;9436&amp;&amp;&amp;http:\/\/seekingalpha.com\/article\/261652-an-all-clear-signal-for-gold-and-silver?source=email_watchlist\" target=\"_blank\">An All-Clear Signal for Gold and Silver?<\/a> by Yatin      Karnik<\/li>\n<li class=\"MsoNormal\" style=\"margin-bottom: 2.75pt;\"><a href=\"http:\/\/email.seekingalpha.com\/track?type=click&amp;mailingid=28944&amp;messageid=407&amp;databaseid=405&amp;serial=1244554948&amp;emailid=simonstrauss@goldcoastaustralia.com&amp;userid=53538&amp;extra=&amp;&amp;&amp;9436&amp;&amp;&amp;http:\/\/seekingalpha.com\/article\/261650-the-dollar-s-impact-on-price-action-in-the-s-p-500-gold-and-oil?source=email_watchlist\" target=\"_blank\">The Dollar&#8217;s Impact on Price Action in the S&amp;P 500,      Gold and Oil<\/a> by Chris Vermeulen<\/li>\n<li class=\"MsoNormal\" style=\"margin-bottom: 2.75pt;\"><a href=\"http:\/\/email.seekingalpha.com\/track?type=click&amp;mailingid=28944&amp;messageid=407&amp;databaseid=405&amp;serial=1244554948&amp;emailid=simonstrauss@goldcoastaustralia.com&amp;userid=53538&amp;extra=&amp;&amp;&amp;9436&amp;&amp;&amp;http:\/\/seekingalpha.com\/article\/261613-john-paulson-is-bullish-on-these-5-stocks?source=email_watchlist\" target=\"_blank\">John Paulson Is Bullish on These 5 Stocks<\/a> by Dr. Osman      Gulseven<\/li>\n<\/ul>\n<p><a href=\"http:\/\/email.seekingalpha.com\/track?type=click&amp;mailingid=28944&amp;messageid=407&amp;databaseid=405&amp;serial=1244554948&amp;emailid=simonstrauss@goldcoastaustralia.com&amp;userid=53538&amp;extra=&amp;&amp;&amp;9436&amp;&amp;&amp;http:\/\/seekingalpha.com\/symbol\/slv?source=email\" target=\"_blank\"><span style=\"font-size: 17pt; color: black; text-decoration: none;\">SLV<\/span><\/a><\/p>\n<ul type=\"disc\">\n<li class=\"MsoNormal\" style=\"margin-bottom: 2.75pt;\"><a href=\"http:\/\/email.seekingalpha.com\/track?type=click&amp;mailingid=28944&amp;messageid=407&amp;databaseid=405&amp;serial=1244554948&amp;emailid=simonstrauss@goldcoastaustralia.com&amp;userid=53538&amp;extra=&amp;&amp;&amp;9436&amp;&amp;&amp;http:\/\/seekingalpha.com\/article\/261831-economists-say-precious-metals-are-in-a-bubble-history-says-they-re-dirt-cheap?source=email_watchlist\" target=\"_blank\">Economists Say Precious Metals Are in a Bubble, History      Says They&#8217;re Dirt Cheap<\/a> by Danny Furman<\/li>\n<li class=\"MsoNormal\" style=\"margin-bottom: 2.75pt;\"><a href=\"http:\/\/email.seekingalpha.com\/track?type=click&amp;mailingid=28944&amp;messageid=407&amp;databaseid=405&amp;serial=1244554948&amp;emailid=simonstrauss@goldcoastaustralia.com&amp;userid=53538&amp;extra=&amp;&amp;&amp;9436&amp;&amp;&amp;http:\/\/seekingalpha.com\/article\/261753-most-overbought-etfs-across-the-world?source=email_watchlist\" target=\"_blank\">Most Overbought ETFs Across the World<\/a> by Bespoke      Investment Group<\/li>\n<li class=\"MsoNormal\" style=\"margin-bottom: 2.75pt;\"><a href=\"http:\/\/email.seekingalpha.com\/track?type=click&amp;mailingid=28944&amp;messageid=407&amp;databaseid=405&amp;serial=1244554948&amp;emailid=simonstrauss@goldcoastaustralia.com&amp;userid=53538&amp;extra=&amp;&amp;&amp;9436&amp;&amp;&amp;http:\/\/seekingalpha.com\/article\/261738-today-in-commodities-full-agenda?source=email_watchlist\" target=\"_blank\">Today in Commodities: Full Agenda<\/a> by Matthew Bradbard<\/li>\n<li class=\"MsoNormal\" style=\"margin-bottom: 2.75pt;\"><a href=\"http:\/\/email.seekingalpha.com\/track?type=click&amp;mailingid=28944&amp;messageid=407&amp;databaseid=405&amp;serial=1244554948&amp;emailid=simonstrauss@goldcoastaustralia.com&amp;userid=53538&amp;extra=&amp;&amp;&amp;9436&amp;&amp;&amp;http:\/\/seekingalpha.com\/article\/261652-an-all-clear-signal-for-gold-and-silver?source=email_watchlist\" target=\"_blank\">An All-Clear Signal for Gold and Silver?<\/a> by Yatin      Karnik<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>GFMS CEO Paul Walker &#8220;&#8230;ultra-low interest rates, macro-economic dislocation, fears of global imbalances\u2026the wrath of these things still remain solidly in place and that\u2019s really the bedrock of the gold bull rally.&#8221; I doubt that the situation is much different here in Australia. Being a gold and silver bug I have been following what is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-576","post","type-post","status-publish","format-standard","hentry","category-gold-blog"],"_links":{"self":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts\/576","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/comments?post=576"}],"version-history":[{"count":0,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts\/576\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/media?parent=576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/categories?post=576"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/tags?post=576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}