""With 5 days still to go, January has already brought more new users to BullionVault than any month before. The move has been led by private investors across Asia and Europe rushing to build their personal holdings of gold and silver. "US households are sitting it out so far, despite the Dollar falling fast amid the White House's attack on both its NATO allies and its domestic opponents.""
""Trump remains the prime mover for gold and silver. After last year's near-record jump, everyone in the bullion market has been expecting gold to hit $5000 sooner or later, but the move through $100 silver has caught dealers and traders by surprise. "Now the market has really got the bit between its teeth, because precious metals' long-term drivers of debt debasement and diversification have been accelerated by the worsening US domestic political situation and the clear loss of US authority and investment appeal worldwide.""
BullionVault is experiencing record demand as gold surpasses $5,000 and silver rises above $100, with January bringing more new users than any previous month. Private investors across Asia and Europe are leading purchases to build personal holdings, while US households have largely stayed out despite a weakening Dollar. BullionVault now cares for over $11.2 billion of physical bullion for its global client base. Market momentum accelerated after last year's gains, with silver's rapid move catching dealers by surprise. Key drivers include political instability in the US, perceived loss of US investment appeal, and concerns about debt-driven currency debasement prompting diversification.
Read at London Business News | Londonlovesbusiness.com
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