GOLD 0.51% $1,391.7 gold futures

crazyjuceGold hasn't increased by that much in real terms -...

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    crazyjuce

    Gold hasn't increased by that much in real terms - currencies buy a lot less these days than 8 years ago.

    So gold may have only increased by 200% in 8 years.

    The demand is higher - the supply side is decreasing - global mine output can't keep up with demand (no one wants to sell gold including Central banks that are building their reserves).




 
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