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  • Gold – Supply Shortages

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Gold – Supply Shortages

The financial crisis continues to have ever widening effects and has created an enormous demand for gold. Both private and institutional investors are putting their money into this "crisis-proof currency." Ögussa, an Austrian firm specializing in precious metals, is one company feeling the effects of the increased demand. The core business of the 130-employee company is producing platinum electrodes. That business is down because of the credit crunch, but the gold boom has helped compensate. With dealers having toc wait weeks for bars of gold, Ögussa workers are putting in overtime to smelt 100 bars a day. Alexa Meyer took a look around the company.

DW-World | October 28, 2008Watch more videos from DW-World

Tags:. .business. .because. .weeks. .ever. .putting











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