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Right, but the fact that demand for something can make the price go up isn't useful investment advice. Gold hasn't been doing well against the USD recently, but
by wlesieutre 9y ago
Right, but the fact that demand for something can make the price go up isn't useful investment advice. Gold hasn't been doing well against the USD recently, but yes, it's conceivable that it could shoot up if more people decided they want some.
1001101's person is betting that it will, and I agree that it's a possible outcome. Wouldn't put all my eggs in that particular basket, but hey, maybe I'm wrong.