I wanted to start a thread about the supply / demand dynamics as they relate to Gold and Silver prices going fwd. I am trying to link my understanding of more abstract ways to look at prices (money supply, debts, fx reserves etc) with real world supply demand dynamics.
How will rising prices effect current demand equations as they relate to industrial usage, scrap and mining supply etc. also as prices rise dollar amt need to be invested rise to buy the same amount of oz's.
I never seem to read much discussion about this when listening or reading to the big picture people targets for gold and silver as they relate to: national debts, money supply, fx reserves etc.
For example Rickards mentions a target of like $6k for gold which is probably one of the lower end projections for the reasonable big picture thinkers out there. Turk quotes 11k, heard some head scratching 55k numbers from the freegold thinkers. But what will be the non investment demand at these levels? also the dollar amounts to buy the same ozs as today will be huge so it will take ever larger dollar amount to take away the same amt of supply.
Looking for an open discussion on how you guys think about this. Thanks
How will rising prices effect current demand equations as they relate to industrial usage, scrap and mining supply etc. also as prices rise dollar amt need to be invested rise to buy the same amount of oz's.
I never seem to read much discussion about this when listening or reading to the big picture people targets for gold and silver as they relate to: national debts, money supply, fx reserves etc.
For example Rickards mentions a target of like $6k for gold which is probably one of the lower end projections for the reasonable big picture thinkers out there. Turk quotes 11k, heard some head scratching 55k numbers from the freegold thinkers. But what will be the non investment demand at these levels? also the dollar amounts to buy the same ozs as today will be huge so it will take ever larger dollar amount to take away the same amt of supply.
Looking for an open discussion on how you guys think about this. Thanks