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This isn't being caused by high gold prices. Gold price was higher last month and still remains far below its 1980 peak. The thing in this article is caused b
by thedance 7y ago
This isn't being caused by high gold prices. Gold price was higher last month and still remains far below its 1980 peak.
The thing in this article is caused by falling silver prices. Silver is down 50% this week. It's used in industry, as is gold, but the population of deranged gold hoarders is just a lot bigger, so they are propping up the price of gold somewhat. Goldbugs must be used to losing their shirts by now, since gold has been a terrible investment for more than 40 years.