#1 Thu, Nov 13, 2014 - 11:01am
Gold Supply and Demand Will The Balance Hold?
Yesterday the World Gold Council issued their third quarter 2014 gold supply and demand report that showed a 2% decrease in demand year over year and a 7% drop in supply with the volume of recycled gold continuing to shrink.
While gold supply/demand appears to be in balance,(unlike the silver supply demand dynamic which is in deficit) there are many changes on both sides of the equation that threaten to disrupt the seeming peaceful equilibrium.