zondag 4 mei 2014

Koos Jansen: CCFD's Do Not Influence Gold Demand

Very interesting article by Koos Jansen. I always wanted to know more about these China Commodity Financing Deals. He claims CCFD's (and the blow up of these CCFD's) does not influence gold demand, like it would influence copper demand. This is actually good news for precious metals investors.

This is what I think. If industrial commodities blow up in price to the downside, the gold price would stay steady, which also means the silver price will stay steady. As industrial commodity miners will have difficulty to stay in business due to lower industrial commodity prices, their by-products, like silver, will diminish in supply. But the demand of silver will not decrease (just like the demand for gold won't decrease). This will be supportive for silver going forward.

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