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<p>[QUOTE="GoldFinger1969, post: 4110587, member: 73489"]That was a repeat of an piece that aired months ago.</p><p><br /></p><p>The depletion of the deep South African mines has been known for decades. An even bigger reducere of supply has been the capital mismanagement involving M&A and new mines which has resulted in huge destruction of shareholder value in the last 10-12 years.</p><p><br /></p><p>Central bank selling continues to be an overhang and ultimately you need more demand to push the price up.</p><p><br /></p><p>If things go "wrong" this November, the price could hit $3,000 an ounce by year-end.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 4110587, member: 73489"]That was a repeat of an piece that aired months ago. The depletion of the deep South African mines has been known for decades. An even bigger reducere of supply has been the capital mismanagement involving M&A and new mines which has resulted in huge destruction of shareholder value in the last 10-12 years. Central bank selling continues to be an overhang and ultimately you need more demand to push the price up. If things go "wrong" this November, the price could hit $3,000 an ounce by year-end.[/QUOTE]
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