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Debatable. For gold to drop, world govts either need to destroy currency, raise interest rates, or somehow make other asset classes more attractive. I guess th
by rphlx 16y ago
Debatable. For gold to drop, world govts either need to destroy currency, raise interest rates, or somehow make other asset classes more attractive.
I guess the stock market is becoming more attractive, as mass layoffs have temporarily boosted earnings. That is not sustainable though. Anyway, it hasn't really hurt gold so far.