I took all the quarterly numbers from the World Gold Council annual reports on supply and demand, and put it in one chart. Can be useful for the future.
First of all, the massive 2000 tonne/annum demand from China that started in 2008 and blew off in 2013 doesn't seem to be incorporated in this chart.
Second, we see that supply has peaked in 2012 and I see this supply going down in 2015. Demand has started to pick up since September 2013.
Third, we see a massive spike in gold demand in 2008 when the crisis started, will we see this again in 2015?
First of all, the massive 2000 tonne/annum demand from China that started in 2008 and blew off in 2013 doesn't seem to be incorporated in this chart.
Second, we see that supply has peaked in 2012 and I see this supply going down in 2015. Demand has started to pick up since September 2013.
Third, we see a massive spike in gold demand in 2008 when the crisis started, will we see this again in 2015?
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