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Message Subject
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Why are gold prices down?
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Poster Handle
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Anonymous Coward |
Post Content
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Oh, geez, another victim of public educaton.
Numerator over denominator.
the Denominator is the USD.
The USD index is at a high it hasn't seen in over 20 years.
Math, fella.
Quoting: Anonymous Coward 79661791 Nothing more to say in this thread. Dollar is strong beyond words and gold is in the shitter. Period. Quoting: Anonymous Coward 82707475 The dollar being strong has nothing to do with why gold is being beaten down. It’s not like a dollar can buy you any more than it did before of any other commodity. You must be another private school prick. Gold is being artificially kept down and controlled with all the power contracts and futures markets as others have stated.
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