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Why are gold prices down?
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[quote:Anonymous Coward 83892304:MV81MjM4OTg3Xzk2NDg5ODExXzQxMkE1RTIz] Umm because prices are rigged in the future's market. There is more gold and silver sold in contracts on the future's market in 3 days than is mined in an entire year. [/quote]
Original Message
It seems to me that with inflation going through the roof, and with the markets down, and with interest rates up, gold should be higher than were it is. As of this writing, gold is at $1673/ounce. What has caused the price of gold to fall recently. I think that it should be up around $2000/ounce.
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link to goldprice.org (secure)
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