how will money prinintg affect the gold price, page-8

  1. 47,086 Posts.
    Like every bubble.. it becomes more risky when

    Have you noticed it's getting hard to find? Many new mines are digging just a couple of grams per ton. That's a tiny amount of gold.

    All the gold ever mined would fit into a coule of swimming pools so there isn't that much if a few billion Indian and Chinese citizens want a piece of the action.

    If gold were to fall below $1,000 again a lot of mines would go into care and maintenance.
 
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