Golden Quote & more

in #life8 years ago

"you see...

It's true that the future isn't set in stone.

Any little thing can change it.

Like, for example, if you didn't see this post ..."


Measured in the other major currencies, gold is not looking so pretty, as the next chart shows.

so,
Some fundamental demand and supply facts at the end:

Withdrawals from the Shanghai Gold Exchange in November were 189 tonnes, and physical demand in Germany continues to increase, this latter subject being the subject of a World Gold Council report.

With all the other demand from India, the Far East, Turkey, Russia, etc., physical demand is not only absorbing all mine and scrap supply, but continually shifting existing bullion stocks into firmer hands.

The main concern is a geo-financial-political one which will hit the globe nearing with speed light, 'cause neither gold nor Bitcoins&Co have a good consumable taste.

but, don't worry, be happy

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