Population growth, political upheaval and economic development are
changing the world and setting the scene for a significant increase in
demand for precious metals.
Demographers predict that by mid-century, the number of people age 65 and
over will increase from 7% to more than 15% of the world's population. This
will be much higher in OECD countries. It is possible this demographic,
more wealthy than previous generations, could generate an increased demand
for real assets, in particular, for the traditional safe havens of gold and