Re: Apples gold watches

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kooter33

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Re: Apples gold watches

in response to

Apples gold watches

CAinPlap

posted on Mar 16, 2015 03:40PM

Does anyone else think that if Apple is going to consume 1/3 of the world's annual gold production for their watches that the price of gold would have to increase due to increased demand? Seems only logical.

One would think that Au would rise IF Apple consumed 1/3rd of the annual production. Or maybe Apple will just buy their own Au mine.

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