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The myth of declining gold demand
8:30p ET Friday, August 28, 2009
Dear Friend of GATA and Gold:
In today's video brief at USAGold.com, the Internet site of Centennial Precious Metals in Denver, market analysts Jonathan Kosares and Peter Grant rebut what they call "the myth of declining gold demand." Reductions in jewelry and electronic purchases are getting the headlines, Kosares and Grant note, but these reductions are being more than offset by investment demand and the reversal of the posture of the central banks in the gold market. You can watch the video at USAGold here:
http://www.usagold.com/video/20090828.html
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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