Gold will go down to $9

And yea I meant Ag. If you were not paying any attention.

Yeah, you mean Au

Doubt that.

[link to en.wikipedia.org (secure)]

Paper or physical, OP?

Because they have decoupled.

Silver went to 11/0z but it was impossible to buy, still is at the spot price, try to get bullion anywhere, not going to happen at spot silver prices. Why? Derivatives market.

Last Edited by Victor Vectors on 03/31/2020 12:54 AM

That would be nice.

I won't be surprised if paper price hits $9
but I can't see real price going down again,
currently around $25 on Ebay.

.

B.s. Because of scarcity of physical gold , the price will soar as never before. It is the paper money that will be wortless. Not totally though, you might be able to use it as t.p.

I doubt it will go lower than the cost to mine it which is approx. $1000-$1300 depending on who you ask.

The 'official' gold price is one of the biggest frauds in history, like the LIBOR-scandal. The suppliers of gold are not able to keep up with the demand for gold, mines are closed, and still the price is falling. That is not how a real market works.

You must be mental.

jizz brain