From Frank Holmes of U.S. Global Investors:
The World Gold Council’s latest quarterly recap of the gold market confirms much of the big-picture story we already knew: demand is strong (up 36 percent from a year earlier), supply is not keeping pace (up 17 percent), and global economic worries are driving investors toward gold as a safe haven.
Drilling down a little further turns up a number of interesting points:
Investment demand in the second quarter of 2010 (red bar in the chart) more than doubled compared to...
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