eur up usd down, gold does nothing++++ Gold is weighed down by...

  1. 394 Posts.
    eur up usd down, gold does nothing++++ Gold is weighed down by the fact that gold NEVER GETS CONSUMED. Every year there is MORE GOLD available. The banks still have enough gold to flood the market whenever they want. Imagine if the banks announced next week or next month that they were abandoning their gold sales agreement and NO RESTRICTIONS were now going to be placed on any bank selling of gold. Now don't tell me gold wouldn't collapse.
 
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