From OilPrice
By Marin Katusa
''A number of market analysts and gold-industry insiders are warning about
a possible shortage of gold supply. Barrick CEO Jamie Sokalsky recently
stated that since gold production is inelastic (i.e., insensitive to
price changes) there will be a very limited increase in supply from gold producers,
even during sharp increases in the gold price. Rick Rule, a billionaire
and avid gold investor, pointed out that while we're seeing spectacular
demand, a number of issues will make supply very tight in the future, especially among retailers.''
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