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<p>[QUOTE="GoldFinger1969, post: 25829399, member: 73489"]Where are you seeing 3644 tons for 2023 ? That seems a bit high though maybe the higher price freed up some production.</p><p><br /></p><p>CB demand is more ineleastic than consumer demand. But more consumers can afford to buy....the middle class in China and India add 20 million people a year.</p><p><br /></p><p>Gold can certainly go lower.</p><p><br /></p><p>I think even if we sold off $200-$300 on a Russia-Ukraine deal, the dip would be bought.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 25829399, member: 73489"]Where are you seeing 3644 tons for 2023 ? That seems a bit high though maybe the higher price freed up some production. CB demand is more ineleastic than consumer demand. But more consumers can afford to buy....the middle class in China and India add 20 million people a year. Gold can certainly go lower. I think even if we sold off $200-$300 on a Russia-Ukraine deal, the dip would be bought.[/QUOTE]
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