There's three factors in play at the moment not just elasticity...

  1. Katoom
    4,600 Posts.
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    29/07/15
    14:20
    Post #: 15714110
    There's three factors in play at the moment not just elasticity in demand.

    Falling demand,increased supply and strong USD is why WTIC now sits at $47

    Strong USD always keeps Gold and Oil low.



    Kat.
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