GOLD gold futures
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  1. Skol
    33,759 Posts.
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    14/12/23
    09:03
    Post #: 71440072
    Can you explain why gold isn't US$20,000 as predicted by gold 'expert' Peter Schiff many years ago?

    I've got a pretty good idea. Gold isn't 'money', new technology makes 'stacking' neanderthal, new machines, diggers, excavators, crushers, helicopters, aircraft, the internet and a host of other inventions.

    I don't need an economics endorsement from the local high school to work these out.

    https://hotcopper.com.au/data/attachments/5817/5817302-731ba25877a742ab349425826070635e.jpg



    https://hotcopper.com.au/data/attachments/5817/5817307-d539e6c7efc4d116b6223037de6c58a2.jpg

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