John Ward – Exclusive : How The Super-Rich Scramble For 5-Star Property, And Siphon Off The Gold Output – 3 September 2012

Safe houses and raw gold are being snaffled up by the 3%

I read this kind of analysis four or five times already today:

‘…gold will head towards $1,700 an ounce or higher as central bank moves into purchase and production problems increase the demand for gold, analysts said…’

As we’ll see, those ‘production problems’ are not all they seem.