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Rick Harrison Has Some Interesting Things to Say on Gold Scarcity
It looks like gold is finally making some significant gains, as it inches its way up to 1,300 dollars per ounce. But the price still seems ridiculously low for most gold bugs. While most Americans appear to be ditching the precious metal, the rest of the world has been picking up the slack in a big way. Countries with huge populations like China and India have been taking advantage of low prices by eagerly buying up gold supplies, while the quantity of gold available to most gold venders appears to be dwindling.
At least, that’s what Rick Harrison of Pawn Stars fame had to say when he was recently interviewed by CNBC.
This tells you everything you need to know about the possibility of gold manipulation, and where the price will be heading in the future. In the free market, shortages are almost nonexistent. When supplies dwindle, the price goes up, and the people who can’t afford it buy less of it. It’s as simple as that. So if someone like Rick is having a hard time keeping his store stocked, then it’s safe to assume that the price of gold has yet to reach its potential.
Buy now while supplies last!
Delivered by The Daily Sheeple
Contributed by Joshua Krause of The Daily Sheeple.
Joshua Krause is a reporter, writer and researcher at The Daily Sheeple. He was born and raised in the Bay Area and is a freelance writer and author. You can follow Joshua’s reports at Facebook or on his personal Twitter. Joshua’s website is Strange Danger .
Source: http://www.thedailysheeple.com/rick-harrison-has-some-interesting-things-to-say-on-gold-scarcity_012015
