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2012-2015 U.S. GOLD SUPPLY DEFICIT: One Hell Of A Lot Of Gold
Tuesday, February 16, 2016 17:19
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Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
The U.S. suffered another sizable gold supply deficit in 2015. Matter a fact, the deficit was 50% larger than in 2014. In 2015, total U.S.gold demand was 118 metric tons (mt) higher than total supply versus 77 mt in 2014.
According to figures put out by the USGS, World Gold Council and Thomson Reuters GFMS,the U.S. had a total of 553 mt of gold supply compared to 671 mt of total demand… leaving a 118 mt shortfall for 2015:
The post 2012-2015 U.S. GOLD SUPPLY DEFICIT: One Hell Of A Lot Of Gold appeared first on Silver For The People.
Thanks to BrotherJohnF
Source: http://silveristhenew.com/2016/02/16/2012-2015-u-s-gold-supply-deficit-one-hell-of-a-lot-of-gold/
