Authored by Joe Yasinski and Dan Flynn of Gold Bullion International, In part one of our series we discussed stock to flow dynamics and their impact on the gold price. To briefly refresh, the stock to flow ratio is simply what percentage of the total stock (all the gold ever mined) is available for sale and this ratio is what determines gold’s price. This is the only relevant ratio when determining gold’s supply. Most analysts myopically stare at mining and scrap supply, yet these are a mere afterthought compared to the existing, and readily saleable gold already spread throughout humanity. ... Read More