By Jeff Clark in DailyWealth:
Although the press has now set gold aside for hotter stories, I can tell you demand for gold coins continues at unprecedented levels worldwide, and production is still struggling to keep up. Take a look at these reports from the past 30 days:
-Sales of the Austrian Philharmonic gold coin soared 544% in the first two months of 2009 (vs. the same period the year before), with production at the country's mint running quadruple its usual volume.
-The demand for Krugerrands is at its highest level since 1986. The South African refinery recently doubled production of blank gold coins to 20,000 ounces per week.
-China, now the fastest-growing market for gold, saw 2008 sales (measured in dollars) rise by 50% over the year before - and total sales in January 2009 were one billion yuan (US$146 million), 30% more than all of last year.
With this incredible interest in gold, it's worth a fresh look at where to go for the best deals in bullion... and what the wait times and premiums are. Here are the dealers that have consistently treated their clients (and our readership) well over the years...
Read full article...
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World's top money manager goes waaaay long South African gold
