Physical supply can't match demand
"We are on the cusp of a parabolic move in the price of gold underwritten by physical shortages," writes John Embry, chief investment strategist for Sprott Asset Management. "Central banks can no longer supply the amount needed to balance supply and demand while mine production continues to stagnate at best."
"It is imperative that investors ignore the volatility created by the anti-gold cartel and use every opportunity that is created by them to purchase more physical gold."
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