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Strategies & Market Trends : Natural Resource Stocks

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From: JimisJim	8/24/2006 7:23:48 PM
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Physical gold demand figures... don't know how reliable these are and they are a bit stale, but... Just released from the World Gold Council: Investment demand for gold jumped a whopping 19% year-over-year at the end of June. Gold jewelry demand reached a quarterly record of $11.4 billion. Second-quarter total gold demand jumped 23% to a record $16.2 billion. And gold demand is on pace to reach a record $62 billion this year! Importantly, through June 30, $2.72 billion worth of gold flowed into gold Exchange Traded Funds. That's 28% more than last year, and 55% more than all of 2004!

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