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sgbs: SGBs no threat to physical trade of gold, says World Gold Council CEO

"The sovereign gold bond offers choices to investors to invest (in “paper gold”). You get a certain yield from it as well. I don t see why that would be a negative for the gold market as a whole. I think it s encouraging people to see gold s value as an investment commodity and a stabilizer to their household or institutional income. So no, I don t see it as a threat (to the physical gold trade). I would be very surprised if it grew to such an extent to be a threat," says David Tait. ....

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New initiative aims to be "first step towards a more aligned gold industry"

New initiative aims to be "first step towards a more aligned gold industry"
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Andreas Habluetzel: «Large Clients Have Been Selling Gold»

Investors think gold is not the safe haven it was twenty years ago, says the CEO of Degussa gold trading in an interview with finews.com.  ....

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