Time to Convert Fiat Currencies to Gold – Part 2

GOLD-RUN: “THERE IS NOT ONE SINGLE OUNCE OF GOLD AVAILABLE FOR SALE IN BANGKOK!”

EVERY Gold-shop in Bangkok is out of Bullion…there is not 1 single ounce of gold bullion available for purchase in the entire city of Bangkok!  The Gold is going down in price like everyone is selling.. while there is no Phyzz to buy at all in all Thailand!

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ACUTE GOLD SHORTAGE REPORTED IN SOUTHERN INDIA

This week the highly reputable Business Standard of India reportedthere are “acute” shortages of gold in Southern India:

Major jewelery manufacturing centers in south India are facing acute shortage of gold ahead of the wedding season despite the industry’s claim to have seen a record import of the yellow metal last financial year.

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brocktownsend
11 years ago

Now, this is one report with which I am skeptical, to say the least. Having lived in Indochina for about 10 years, being a frequent visitor to Thailand and constantly in touch with Vietnam, I cannot for the for the life of me, believe this is true.