An excellent presentation from Grant Williams laying out why the gold price is languishing despite a wealth of what would ordinarily be positive catalysts. This video does a great job outlining the bullish case for gold and why I believe we will see significantly higher prices in the years ahead. Well worth 28 minutes of your time.
Gold demand in 1Q2013 was 963 tonnes or $51 billion. Strong demand for gold jewellery, gold bars and coins was offset by significant net outflows in the major gold exchange traded funds (ETF's) as investors sold some of their bullion on the recent price decline. Even the most resilient of gold bulls are struggling to hang on during this difficult market correction.Read More