Users Online Now:
2,312
(
Who's On?
)
Visitors Today:
842,360
Pageviews Today:
1,109,049
Threads Today:
270
Posts Today:
4,097
09:20 AM
Directory
Adv. Search
Topics
Forum
Back to Forum
Back to Thread
REPLY TO THREAD
Subject
Why are gold prices down?
User Name
Font color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Indigo
Violet
Black
Font:
Default
Verdana
Tahoma
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 84227855:MV81MjM4OTg3Xzk2NDkwNzgzXzM1RDJBNTQx] Derivatives markets are pushing price of everything down. Sure people are selling the real stuff, whether it’s stocks, metals, crypto whatever.... people are selling the actual assets but derivatives price pressure is almost always to blame for shit like this. Should be illegal. [/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.
[
link to goldprice.org (secure)
]
Pictures (click to insert)
General
Politics
Bananas
People
Potentially Offensive
Emotions
Big Round Smilies
Aliens and Space
Friendship & Love
Textual
Doom
Misc Small Smilies
Religion
Love
Random
View All Categories
|
Next Page >>