Great post, but if demand was truly that huge, the price would have to reflect this. Is it possible that the rule of supply and demand has been suspended? If people were truly having trouble getting gold/silver, the price *must* rise.
Are you (or the article) telling us that demand is massive, people are having trouble getting supply, and yet the price has dwindled from $1,900 to $1,600?
My understanding of "Economics 101" is that it is not possible. For the overall price to dwindle, the overall demand must be less than supply. Or am I missing something?
IE
are we getting delusioned with fml, page-16
Add FML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $40.11M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 13.5¢ | $12.79K | 91.36K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 60148 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 14983 | 1 |
View Market Depth
| Last trade - 15.59pm 19/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |