GREY:KXLAF - Post by User
Comment by
harry_reeleon Aug 03, 2011 1:06pm
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Post# 18899453
RE: RE: Demand for physical gold bullion
RE: RE: Demand for physical gold bullion
There will never be a saturation of physical gold in the market place at these production levels.
Even increased production geared to current known world reserves will never meet the physical demand. So there is no threat of a deflation in price due to an oversupply of physical gold coming any time soon.
The urgency is for near term producers to get in the game as soon as possible. Better held stores in the vault than un-mined stores in the ground i say.