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<p>[QUOTE="silverbug, post: 895805, member: 24906"]From this article:</p><p><br /></p><p>"Their reasoning is simple: investors are keeping prices high<b> even as demand from non-investors is cratering"</b></p><p><b><br /></b></p><p><b></b>Yet this one states</p><p><br /></p><p>"Gold will likely rise further as investors, concerned that European monetary expansion will spur inflation, seek a haven, Aram Shishmanian, chief executive officer of the producer-funded World Gold Council, said yesterday in an interview in Lima, Peru. Gold will also climb as supply fails to meet<b> growing demand </b>from ETFs and<b> the jewelry and nanotechnology industries</b>, he said."</p><p><br /></p><p><a href="http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/05/20/bloomberg1376-L2PTJ40D9L35-1.DTL" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/05/20/bloomberg1376-L2PTJ40D9L35-1.DTL" rel="nofollow">http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/05/20/bloomberg1376-L2PTJ40D9L35-1.DTL</a></p><p><br /></p><p>So, who do we believe? The producers themselves or the analysts?[/QUOTE]</p><p><br /></p>
[QUOTE="silverbug, post: 895805, member: 24906"]From this article: "Their reasoning is simple: investors are keeping prices high[B] even as demand from non-investors is cratering" [/B]Yet this one states "Gold will likely rise further as investors, concerned that European monetary expansion will spur inflation, seek a haven, Aram Shishmanian, chief executive officer of the producer-funded World Gold Council, said yesterday in an interview in Lima, Peru. Gold will also climb as supply fails to meet[B] growing demand [/B]from ETFs and[B] the jewelry and nanotechnology industries[/B], he said." [url]http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/05/20/bloomberg1376-L2PTJ40D9L35-1.DTL[/url] So, who do we believe? The producers themselves or the analysts?[/QUOTE]
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