4 Answers
Click here for the projected price > http://drpetersnews.com/gold-price-forecast-2011-2015.html
10 years ago. Rating: 4 | |
Predicting the price of gold is quite difficult. The problem is that there is lots of gold in the world and when the price goes up folks holding gold sell at a higher price….When it goes down folks tend to keep their gold. The increase in demand for gold is what drives the price up. So if a need for lots of gold were to come along as the only way to solve some problem, the price would go up. There are potential markets that will likely demand lots of gold. But those markets only turn on with a little help such as an invention or process requiring lots and lots of the stuff….Got any ideas? The qualities of gold are unique. Gold is used to solder metals together that cannot be bonder any other way…like carbide to saw blades and graphene to whatever. With gold you can just about solder anything to anything.
10 years ago. Rating: 3 | |