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Monday, November 7, 2011
The Demand for Gold can only Increase - Kerry Lutz
The Demand for Gold can only Increase says Kerry Lutz , there is a fixed amount of gold , there is an unlimited amount of paper that can be created on the various futures exchanges across the glob but the final analysis is supply and demand , they can create artificial supply in terms of paper , futures paper but they cannot create artificial gold , there is just a certain amount of physical gold available and right now that physical gold is in incredible demand , people want it central banks want it the Chinese want it the Indians want it even the Americans are waking up to it .and less than 1 percent of world's wealth is held in precious metals ...
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the demand is already huge and if further increades can make the prices soar..
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