XJO 0.11% 7,769.7 s&p/asx 200

tippsy tuesday, page-91

  1. 11,522 Posts.

    Good post.

    However, value of Gold should change according to supply/demand, since at its most fundamental level, it is just a shiny metal dug up from the earth, a commodity.

    Eg a new process tech such as CIL swamps the market with cheap Gold. Just like currency inflation, can also get Gold inflation.

    Demand from India has plummeted, it halved in 2008, and its halved again in 2009. Its very expensive in Rupee.
    High demand is needed from elsewhere.

    Totally agree about the its self involved conspiracy, cheers.


 
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