>> for me most times gold (money) doesn't move and everything else does and I don't buy gold so much as sell currency and hold on to my money
that's the way money works in the world - gold is not "any asset" but the asset that the world's banks have determined to be money -an asset that the world has determined to use, that has value within itself
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If gold was just money I would be inclined to agree with you, but gold is much more than that. Those using it as jewellery, do you think they consider it money? Or those using it for industrial purposes? I think that gold is a lot more than just a type of money, hence I think with supply and demand it can rise and fall in value just like any other type of asset.
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is this the start of the fall into 800s....., page-22
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