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Cameron Waugh
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Gold's Fundamental Supply Picture

- Richard Mills - Ahead of the Herd

Fundamentals don't exist in the paper manipulation game, but we here understand no game can go on indefinitely. Statists hate gold with a passion for it is Kryptonite to the super state that confiscates the wealth of its citizenry.

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Début de l'article :Demand Global gold demand was 964t in Q2 2014, significantly reduced from the record high in Q2 2013. ETF outflows slowed sharply. Central Banks continued to buy gold for the 14th consecutive quarter in Q2 2014. CB’s purchased 118t in Q2 2014 up 28% over Q2 2013. The announcement of a fourth CBGA in the second quarter also reiterated that sales will not be forthcoming from some of the largest holders. Jewellery demand weakened year-on-year, but the broad, 5-year uptrend remains int... Lire la suite

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