morning,
an old article but certainly an interesting topic for a rapidly growing producer like fml.
http://www.digitaljournal.com/article/312073
Can you imagine what could happen if this gets going and when the conditions are right for it being popular - ie. disposable income and a fear of paper money value eroding.
There is no secret that most people in the world don't have gold (or silver) as an investment - even in China.
So, the masses aren't invested at all - only a very small percentage of people.
Well, to a producer of a product that isn't out there in the general market at all and is about set to become available - that must present a MASSIVE market potential.
It's sort of like getting cordial onto the shelves of every supermarket on the planet ------------ what is likely to happen to sales?
What is likely to happen to demand?
And if demand surges and supply can't match? - pretty dammed obvious I would have thought.
Might be an awfully nice time to have a business buddy in the China's and India's of the world.
Really, think about this ------ if you want some physical gold today --------- what do you have to do?
Buy it online or over the phone or visit a shop that sells it ---------- all a bit of a pain and all except for the shop visit -- very visible.
What do you do if the bloke in the house wants some physical and the wife is against it? - Shop or nothing.
How easy is it to walk up to a hole in the wall, insert cash (or card) - get your gold and walk away - put it in a hidey hole at home and no one is the wiser - even she who must be obeyed.
imo, this is a big deal - and it is a big deal for the fml's of the world -- none of this paper crap - we are talking about the solid yellow stuff here.
I believe this could well change the physical market forever - for the first time in history, the masses will have easy access to physical gold ownership -- can you imagine what will happen if a couple of BILLION people get to like that idea?
have a great day all
Pinto
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Open | High | Low | Value | Volume |
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4 | 51084 | 0.355 |
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3 | 30313 | 0.345 |
3 | 64564 | 0.340 |
Price($) | Vol. | No. |
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0.370 | 228425 | 3 |
0.375 | 37977 | 3 |
0.385 | 3800 | 1 |
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