Gold Investments Market Update - Gold Production Continues to Fall - Peak Gold?
June 5th, 2008 by gold buyer
I love the words “Peak Gold” in the title of this post. If indeed gold production is slowing down, there is only one outlook for gold prices in my opinion … up!
Gold continues to consolidate between 0 and 0 but the 200 day moving average at 5 and 0 looks like providing strong support given the prevailing macroeconomic climate and the ever important supply/demand fundamentals (see below).