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<p>[QUOTE=&quot;Juan Blanco, post: 1606842, member: 41665&quot;]Another article, analyzing the trend outlined by WSJ. : <a href="http://money.msn.com/now/post.aspx?post=6e6a20cb-9275-4c62-ad09-ba01fe4013b2" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://money.msn.com/now/post.aspx?post=6e6a20cb-9275-4c62-ad09-ba01fe4013b2" rel="nofollow">http://money.msn.com/now/post.aspx?post=6e6a20cb-9275-4c62-ad09-ba01fe4013b2</a></p><p><br /></p><p><u>Take-aways:</u></p><p><u></u>-WSJ claim that investors are buying Paper Gold is NOT substantiated (US investors are NOT piling into ETFs instead)</p><p>-Gold coin sales mostly/typically rise during stock market crisis or negative financial headlines; ergo &#039;no preceived crisis now&#039; (???)</p><p>-Retail Gold investors are spent, cash-out or not investing more in PMs</p><p>-Exception: the reelection of BHO &quot;freaked out&quot; some retail buyers (aka Gun Nutters) and some others feared the Fiscal Cliff </p><p>-FOMC rumors suggest a US interest rates will rise &amp; hurt POG</p><p><br /></p><p>&quot;<b>Many customers were freaked at President Obama&#039;s reelection </b>and wanted gold coins as protection against the volatility of the fiscal cliff, says Terry Hanlon, president of Dillon Gage Metals, one of the largest dealers of gold coins.&quot;</p><p><br /></p><p>Terry Hanlon represents the Gold &amp; Silver PAC (which endorses both Dems &amp; Repub) and Dillon Gage has a progressive background, so I don&#039;t presume that comment shows &quot;negative political bias.&quot; But if surging gun-demand (S&amp;W claimed 48% sales increase, YoY) correlates to some degree - as Fox Poll 2/26/2010 showed - this is clearly a &quot;type.&quot; I do wonder HOW MANY of Dillion Gage customers, %age-wise. I suppose it&#039;s a very, vary narrow demographic. </p><p><br /></p><p>By the numbers, YoY US Mint Ag Ounces rose from 41,000 ozt to 136,500, so demand was 2x higher in those months (estimate: an extra 125k ozt SOLD in November &amp; December.) </p><p>Est. net <i>17% increase </i>for the period.</p><p><br /></p><p>My estimated <i>net increase </i>in US guns sales (Nov. &amp; Dec. +1,479,000) will only be ~8.9% higher - so the correlation (&quot;Guns &amp; Gold&quot;) continues, but Gold was favored relatively more... </p><p>Marginal increase in Gold buying in Nov &amp; Dec. : ~60/40 due to BHO/Fiscal Cliff[/QUOTE]</p><p><br /></p>

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