how will money prinintg affect the gold price, page-12

  1. 1,348 Posts.
    The Australian dollar is on parity with the US dollar or pretty much just over.

    So when the price of gold increases in US dollars it also increases against the Aussie dollar.

    Gold maybe due for a correction yes but not a crash.

    If it crashes it means that the world's debt problems have been fixed, that the US does not have a $14 trillion dollar debt, that Europes debt is low, that Interest Rates are back to 8%-10%, that the world's finanicial system is not burdened with toxic debt or massive amounts of debt.

    Then the gold price will come down.

    So how likely is it that the above things will happen anytime soon?
 
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