Gold – Ready for a Parabolic Move Up?


We are on the cusp of a parabolic move underwritten by physical shortages. Central banks can no longer supply the amount needed to balance supply and demand.

John Embry – Sprott Asset Management

To which I would add that not only are central banks no longer net suppliers of gold, but rather they are now net buyers according to the World Gold Council.

Central Banks Join Gold Rush

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