Commodity Trade Mantra

Posts Tagged ‘Supply and Demand Fundamentals’

Gold Price Going Up or Mines Will Close Within 6 Months

If we get to the point where lots of mines are closing, then simple supply and demand fundamentals will start kicking in. We are about six months into a low gold price environment. We will either see lots of mines shutting down or gold prices going up, allowing mining operations to run at a profit.

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