gold price explosion imminent, page-5

  1. 568 Posts.
    It is simply a case of supply and demand.

    The shorts are in big trouble, demand is outstripping supply, and equilibrium will only be re-established at a far higher level.

    Where can the POG go from here? Frankly, no one knows, but it could be substantially above current levels. Furthermore, markets are in the habit of overshooting, so there just may be several percentage points premium on the top as well.

    Aussie gold stocks such as CRS, LHG and NCM should start to reflect this scenario soon. IMHO, this has not happened at all, yet.
 
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