3 ms·
you're working with the assumption that it's a commodity. It's more like a currency than a commodity. also, is the price of gold for example really tracking th
by rantwasp 6y ago
you're working with the assumption that it's a commodity. It's more like a currency than a commodity.
also, is the price of gold for example really tracking the cost of producing it?
- empath75 6y agoEither side of that equation can lead — if the price of gold rises from speculators, miners will start employing costlier means of extracting the metal to meet demand.