theprof00 on 15 November 2011
| lordmandeep said: there is no positive direction however things will eventually improve however Gold will remain at a high price as there is actual demand. Its like the oil price, sure most of the price is due to speculation, however the demand has increased dramatically so prices have increased over time. |
gold only remins high while there is trouble.
However, in the last three years, gold has acted more like an equity than a commodity, rising and falling with the SYP.
The only demand is people freaking out. It's overvalued.
The entire logic behind this argument is based on the values of past generations.
Oh and don't forget that if we spurn China, they will definitely take matters into their own hands. They won't let us fall. They will be bargained with.
