Of interest is this ear-to-the-ground report from South Omaha gold dealer David Schroeder:
[The rise in gold] is sparking an interest locally, Schroeder said, from people looking to cash in by selling their jewelry and scrap gold, as well as investors looking to buy.
Interest in buying generally increases when gold prices increase, Schroeder said, but the big difference this time is the entry of what he calls “entry-level bullion buyers.”
“Regular people,” he said, “not your salaried position-type workers, your hourly workers are coming in and buying. They see the writing on the wall, they see the deficit climbing, they see the interest on our deficit. . .”
The big investors (often called “gold bugs” for their unwavering bullishness), are less active now, Schroeder said.
“They’re enjoying the increases in the numbers because they bought at a lower number,” he said.
Today’s buyers and investors fear they missed the opportunity to buy low and want to protect their wealth from future inflation, Schroeder said.
So, interest in buying physical gold is spreading beyond the usual confines. That's why the mainstream media is picking up on it.