Saturday, 28 April 2018

Gold - do the math....................from Rico

Do your own math, but bear in mind that:
- Gold mine supply is decreasing
- Gold demand is increasing
Q: What happens at the intersection of supply and demand?
- Anybody? Bueller? Krugman?
A: [provided as a public service to Keynesian-trained economists and Western Central Bankers; redundancy unavoidable]
- When demand is greater than supply the price increases.

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