Swiss gold refineries pushed to the limit by demand
By Gerhard Lob
SwissInfo, Bern, Switzerland
Sunday, December 14, 2008
Gold refineries in Switzerland are working at their limit to cope with demand for the precious metal from investors seeking ways to shield their wealth.
The staff at the Argor-Heraeus company in the southern town of Mendrisio are putting in overtime to produce gold bars for people turning their backs on the financial markets.
"I've never experienced anything like this in my whole career," Erhard Oberle, chief executive of the firm for the past 20 years, told SwissInfo.
He said the demand was so heavy that it could hardly be satisfied.
The reason for the gold -- and silver -- rush is that at a time of financial crisis many investors want real assets.
The general rule of the market is that gold is always attractive when everything else is unattractive….
http://www.swissinfo.ch/eng/front/Financial_crisis_boosts_
Swiss_gold_production.html?siteSect=105&sid=10089914&
-END- 
Marie Pas de copier-coller: merci de faire un lien vers ce post.
Suivez Hardinvestor sur
Twitter et sur
Facebook
Hardinvestor
Accueil 
Edito 
» COMSTOCK MINING Inc. (NYSE : LODE) Fil dédié:
» WORLD WAR III ? je suis vert de rage d'ouvrir ce fil dédié, on serre les miches: on commence avec Gerald Celente
» Les Podcast et interviews de David Brady, Sprott, Rick Rule, Katusa, Bix Weir, etc...SILJ (Hardin mini-fonds Silver Juniors et Royalties)
» Uranium /minières uranium
» a quoi joue la Russie ..
» TREASURY METALS PFS publiée edit: *NB: TML est devenue NEXTGOLD (NXG)
» Wheaton précious metals/ WPM
» Comment l'Union européenne nous prend pour des imbéciles