GOLD 0.51% $1,391.7 gold futures

siameseparrot do you own any physical gold, page-10

  1. 437 Posts.
    demand / supply?

    record demand from india / china - the 2nd largest producer of gold (South Africa) out of action due to power cuts (likely to last to 2012).

    There's an imbalance - unfortunately all on the demand side. No easy gold to be produced anymore. Double wammy - smack bang in the middle of a geological problem as well. No wonder the Majors have depleting reserves.
 
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