berberick

Is the Price of Gold Artificially Depressed?

Stop acting like gold is a currency ! Try to go to the grocery store with a gold coin and buy a loaf of bread ! Gold is supply and demand , it's worth what someone will pay for it period . It's not a currency - the inflation hedge theory is just that . If the inflation hedge theory was true gold would be at thousands of dollars . You try to tell me what inflation has been over the last 200 years . I've traded gold a few times , I've traded silver a few times - but it's just that a trade .