Submitted by Tyler Durden on 08/15/2013
It would seem the demand for physical gold and the apparent limit on paper-gold decompression (given recent musical chairs in COMEX and Gold ETF holdings rising) are hitting at an inopportune time for the confidence-inspiring central banks of the world... Seasonally (for 30 years), August has marked the cylical low.
Gold Seasonality (via USFunds)
as Gold ETF Holdings rise most in 9 months...
Chart: Bloomberg
Source ZH
