German Gold Buying - Research | Betts Metal Investments
Enquiries call:    0121 214 8399
Login Register CHECKOUT 0 ITEMS
German Gold Buying

While Eastern demand for physical gold investment remains strong, most of the folks in the WEST are bored with the barbarous relic as they continue to funnel their funds into highly inflated paper assets. However, the Germans seem to look at gold a bit differently

Even though the Swiss continue to buy more gold on a per capita basis, German physical gold investment demand is the highest of all Western countries. How much higher? Let us look at the chart below:

 

West Gold Bar & Coin Demand Q1 2015 

 

 

According to the World Gold Council, total German physical gold bar and coin demand during Q1 2015 was 32.2 metric tons (mt), Switzerland ranked second with 13.8 mt and the U.S. came in third at 9.9 mt. Interestingly, German physical gold investment increased 20% compared to the same period last year while U.S. gold coin and bar demand fell 12%.

Matter-a-fact, German gold bar and coin purchases (32.2 mt) during the quarter account for more than half of total European demand (61 mt). On the other hand, the British, French and Canadians ranked the lowest in the chart taking the 5th, 6th and 7th spots respectively. What is even more amusing, total physical gold investment from these three countries is about a tenth of German purchases.

Furthermore, Germans purchased more than three times the physical bar and coin investment than did Americans during the quarter. Now, as I mentioned above, the Swiss still buy the most gold per capita due to their long-term fundamental belief in gold ownership. However, if we compare German buying versus American… this is the result:

Germany population = 80 million (32.2 metric tons)
United States population = 320 million (9.9 metric tons)

Germany is actually buying gold that is 12 times more physical per capita than the United States.

Again, if we exclude the well-informed gold buying Swiss, the Germans continue to be the strongest physical gold buyers in the West. Lastly, if we add up all the other Western countries total gold bar and coin demand including Switzerland, here is the result for Q1 2015:

Germany = 32.2 metric tons (45%)
Rest of West = 39.5 metric tons (55%)

Is there something the Germans know about gold that most of the folks in the West do not?

 

REF: http://www.gold-eagle.com/article/german-gold-buying%E2%80%A6a-chart-you-must-see#.VWwcaO2GDEo.linkedin

 

 

Bullion buyers guide

Our guide for precious metal investment

Read our comprehensive guide to investing in precious metals. The guide explains the history of precious metals, the various ways of investing in precious metals, why you might choose various investment products and much more...

NEWSLETTER
Subscribe to our newsletter and get exclusive deals you wont find anywhere else straight to your inbox!
WIN A FREE GOLD BAR!!
Take our survey for your chance to win a 1g Gold Bar
Investment coin
TESTIMONIALS

Excellent service, easy to register... would recommend! - Dave, Hampshire