Angelos Damaskos warns of "gold supply crunch"

Описание: Angelos Damaskos, CEO of Sector Investment Managers and Fund Adviser to the Junior Gold Fund tells Proactiveinvestors that there are a number of reasons why gold will rise. Apart from the economic fundamentals that continue to circle the European Union, he reminds us that America is facing its own problems. Add to this the supply side issues, such as gold producers moth-balling their more marginal projects, and what the World Gold Council tells us is record demand for gold, Anglelos sees no reason why gold wont rise to previous record highs.