Measuring Gold Demand

The World Gold Council asserts that gold demand fell 4% in 2012.  Can you spot the fallacy?

See: The Business Insider


2 replies
  1. samiam says:

    Well, let’s see….central banks flipped from sellers to buyers in the last three years, even as price has risen. A record amount of money was spent on gold in 2012. A small decrease in total tonnage purchased. Couldn’t be that supply is getting tighter…. Yep, global demand is down.

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