You are here

Financial Times notes rising demand, falling production for gold

Section: Daily Dispatches

12:50p ET Friday, January 4, 2008

Dear Friend of GATA and Gold:

Thursday's Financial Times published what it meant to be a comprehensive review of gold's market and prospects -- minus, of course, any recognition of the possibility of price suppression by the central banks. The FT's review stressed the bullishness of the rising demand for gold amid diminishing production. The FT also acknowledged, at the story's very end, that, adjusted for inflation, gold would need to reach $2,000 per ounce to match the record price reached in 1980.

The FT's story is headlined "Bullish on Bullion: Investors Seeking Safety Push Gold Ever Higher," and you can find it in the clear here:

Or try this abbreviated link:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

* * *

Join GATA here:

Vancouver Resource Investment Conference
Sunday-Monday, January 20-21,2008
Vancouver, British Columbia, Canada

* * *

Reserve the dates:

The next GATA conference
Friday and Saturday, April 18 and 19, 2008
Maybe "Gold Rush 21 1/2 -- Follow the Yellow Brick Road"?
Washington, D.C., area

* * *

Help Keep GATA Going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at

GATA is grateful for financial contributions, which are federally tax-deductible in the United States.