Is a Global Gold Supply Crunch Forming?

http://newsdoors.blogspot.com/2012/12/is-global-gold-supply-crunch-forming.html

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.

http://newsdoors.blogspot.com/2012/12/is-global-gold-supply-crunch-forming.html