FML 0.00% 15.5¢ focus minerals ltd

Demand for the real thing not just paper Gold is what is going...

  1. 1,119 Posts.
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    Demand for the real thing not just paper Gold is what is going to drive prices up. I'm far from an expert but buyers certainly wanting to take delivery of gold and not just playing the trading game.

    Article from this week:

    http://www.advisorone.com/2012/02/20/banks-storage-companies-expand-gold-vaults?t=economy-markets

    Two from Sept last year.

    http://www.bloomberg.com/news/2011-09-21/bullion-vaults-running-out-of-space-as-gold-rally-accelerates-commodities.html

    http://247wallst.com/2011/09/21/running-out-of-room-to-store-gold-supplies-bcs-db-jpm-bco-gld-iau-hbc/


    mmmm GOLD

    http://www.google.com.au/search?q=gold+vault+full&hl=en&rlz=1T4SKPT_enAU410AU415&prmd=imvns&tbm=isch&tbo=u&source=univ&sa=X&ei=2SNET4TMNbGZiAfv9LzpBA&ved=0CE4QsAQ&biw=1075&bih=611

    Gold up AUD50.00 odd last night - Shame FML on the nose.
 
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