Thing is that Oil is being replaced slowly. The whole green energy revolution will kill off it's demand. Most of the price today is being influenced by the global recession as every day people buy oil..
Everyday people dont buy gold. It is a different kettle of fish.
What is replacing gold in the medium term? nothing. It is a valuable metal which is not mass produced in some lab at cheap costs.
Gold should continue to be strong especially in this environment.
Do you want to hold a paper currency or a valuable metal?
Thing is that Oil is being replaced slowly. The whole green...
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