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Old 10-15-2015, 09:50 AM   #1
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US Gold deficit is [trump]yuge![/trump]

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Total U.S. gold supply for 2012-2014 was 1,979 mt versus total demand (including exports) of 2,415 mt, resulting in a net deficit of 436 mt (whopping 14.1 million oz). ...

... gold from institutions, banks or the looting of the GLD ETF, was necessary in order to supplement this massive 436 mt U.S. gold deficit.

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Old 10-15-2015, 10:21 PM   #2
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I don't even WTF to believe anymore. It sure seems like physical gold is becoming scarcer, though premiums are still about the same (Gold Eagles).

I did read somewhere, not authoritative, that physical gold is getting harder to find in Europe. If so, THAT would be big news. There does seem to be slow leakage from the GLD and CHINA is buying, buying, buying.

So, ol' DCRB is just hangin' around on the sidelines just watching. I have enough Au so that if FOFOA winds up being right, then all will be even better than today.

And today ain't bad! Carpe diem, my friends!

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Old 11-05-2015, 11:46 AM   #3
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Still Gold is a better investment as far as I think atleast till the end of the year.
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Old 11-05-2015, 07:26 PM   #4
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