From The Sydney Morning Herald:
Brett Le Brocque, the chief investment analyst from Australian Bullion Company, says demand for gold bullion has increased 125 per cent in the past 12 months.
''Australians right now are starting to go, 'heck, we got burnt in the '08 crash, our stocks have been pummelled and the world economy is literally on life support; there are massive problems in Europe and the US, and we've got big problems in China','' he said.
''People have realised that they need to buy some real assets now, gold and silver and those sorts of things. That is what's going on.''
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