InvestorsHub Logo
Followers 75
Posts 28889
Boards Moderated 2
Alias Born 12/30/2004

Re: None

Monday, 12/05/2016 2:34:44 PM

Monday, December 05, 2016 2:34:44 PM

Post# of 35718
Newmont Mining CEO Goldberg said on CNBC this afternoon that by 2020, there might be an undersupply of gold because there has not been sufficient investment (my interpretation). In other words, demand might exceed supply due to insufficient cap spending now. Again my interpretation. He mentioned increased demand from India and China. Sorry I don't remember his exact words, but it was music to my ears.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.