GLOBAL GROWTH AND GLOBAL ACCUMULATION OF WEALTH MEANS GREATER DEMAND FOR GOLD
With increasing wealth in Asia and the Mid East, these regions are increasing their demand for gold. Gold is a traditional means of hoarding wealth, and represents a way to buy economic security in much of Asia and the Mid East. These parts of the world are growing rapidly. In our opinion, their demand for gold is growing just as rapidly.
SUPPLY OF GOLD IS LIMITED
Not many major discoveries are being made, and the cost of exploration and mining are rising. Thus new supply is limited. . . .
Continue Reading: GOLD DEMAND IS GROWING, AND SUPPLY IS NOT
