Gold — Supply Cannot Keep Up With Demand
According to an analyst quoted by Dow Jones Market Talk, there has been an increase in demand without an immediate corresponding increase in supply in the gold market.
“The one major difference that the precious metals…are seeing is that supply cannot ramp up despite decade high prices,” said Neal Ryan of Blanchard Economic Research. “The lack of new supply will not only set a floor for prices moving forward, but become the price drivers as we move into the next several years.” [tags]gold, gold spot price,gold nuggets, gold price [/tags] spot gold price
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Im not going to say what everybody else has already said, but I do want to comment on your knowledge of the topic. Youre truly well-informed. I cant believe how much of this I simply wasnt conscious of. Thank you for bringing more information for this topic for me. Im truly grateful and really impressed.
The spot gold price is going to set new records this year!
There is a major event taking place in the gold world right now that has gotten little attention so far, that may cause the gold price to perhaps more than double in the next 12 months. The IMF may be admitting that GATA is right! The IMF may be deciding that they want to actually know how much physical gold the central banks really have left.
I think this year we will see gold again go over $700 and stay over it!
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