Gold could fall to 500Dollars?

  1. 8,557 Posts.
    As economic conditions worsen, and countries need cash for debt repayment ,I can see massive dumping of physical gold and this could cause a huge drop in price of the metal imo ! Lets face it ,gold is only a near useless yellow metal , so why wouldent they convert it to cash ! I know I would if I held 20000 tons etc!! and needed to stay solvent!
 
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