GOLD
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0.51% $1,391.7 gold futures

why is gold falling?, page-47

  1. Warnie
    17,232 Posts.
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    27/09/11
    09:55
    Post #: 9014793
    this is one way to explain it:

    Gold has no intrinsic value and derives any value it has only from the shared belief by a sufficient number of economic actors that it has that value.

    yes I guess same could be said for paper money.
    Value at posting: $0.00
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    lightbulb Created with Sketch.  Great analysis
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