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eBullion Inc. (OTCQB: EBML) Observed Investors Funding Their Gold Trading Accounts When Gold Price Had the Strongest Quarterly Rise Since Q3 1986
eBullion Inc. (OTCQB: EBML) Observed Investors Funding Their Gold Trading Accounts When Gold Price Had the Strongest Quarterly Rise Since Q3 1986.
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[{"type":"text","content":"\n\n\n\neBullion Inc. (OTCQB: EBML) Observed Investors Funding Their Gold Trading Accounts When Gold Price Had the Strongest Quarterly Rise Since Q3 1986\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\neBullion Inc. (OTCQB: EBML) Observed Investors Funding Their Gold Trading Accounts When Gold Price Had the Strongest Quarterly Rise Since Q3 1986\nPR Newswire\nNEW YORK, April 8, 2016\n\n\n\nNEW YORK, April 8, 2016 /PRNewswire/ -- eBullion Inc. (EBML) observed investors funding their gold trading accounts when gold price had the strongest quarterly rise since Q3 1986.  More investors are funding Gold investment accounts for the first time in Q1 compared to the last quarter of 2015.\n\nIn Q1, 2016, eBullion observed more investors are funding their Gold trading accounts in the company's wholly owned subsidiary Man Loong Bullion Company. Man Loong Bullion Company is an AA trading member of the Chinese Gold and Silver Exchange Society (\"CGSE\").  This observation is in line with the research report that was released by BullionVault.com.\n\n\"GOLD' s largest Dollar-price rise in almost 30 years saw a jump in new private investing,\" writes Adrian Ash at BullionVault.\n\n\"New account openings here at the market-leading physical gold and silver exchange online almost doubled between January and March compared with the previous 3 months, reaching a level not seen since spring 2013.\n\n\"Back then, in contrast, gold investing prices suffered their worst-ever fall, dropping 25% against the US Dollar between April and June 2013 and drawing a wave of 'bargain hunting' from private individuals buying gold at what were then the lowest prices in almost 3 years.\n\n\"Gold ended last month 17% higher versus the Dollar from the end of December, its strongest quarterly rise since Q3 1986.\"\n\nMore research showed part of the reasons that price of Gold is up by 16% year-to-date is due to Negative Interest Rate Policy (NIRP).  In addition, the demand for gold as a portfolio asset may structurally increase, as NIRP:\n\n\nReduces the opportunity cost of holding gold; \nLimits ...