Gold: Liquidity versus Safety. |
A saw a prediction today stating that gold will reach $5000 an ounce because of a global supply deficit. Sure there are some industrial applications for gold, but will gold be consumed (and hoarded) to an extent that future mine supply and production won't be able to sate? Some think so. But this $5000 per ounce prediction assumes growth in demand remains flat. Dang. But for argument's sake, could demand growth increase? |
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