CREDIT SUISSE ‘GOLD NOTE’ Supply/demand dynamics may trigger quantum upward change in the gold price Credit Suisse believes a change in the dynamics surrounding gold supply and demand may trigger ‘a quantum upward change in the gold price.’
Author: Dorothy Kosich Posted: Monday , 05 Nov 2007
RENO, NV -
Credit Suisse suggests that, while the U.S. dollar will continue to underpin the gold price, supply and demand factors will make their presence felt to such an extent that they "could trigger a quantum upward change in the gold price, enough to sustain a new gold price/US$ equilibrium.
In a recent "Gold Note," Credit Suisse Research Analyst David Davis said, "Our studies indicate that the dynamics surrounding the gold supply and demand has begun to change inexorably towards a diminishing supply of gold and increasing investment demand, which will ultimately impact the gold price. "http://www.mineweb.com/mineweb/view/mineweb/en/page1?
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