Phil > may have some relevance to the price of gold, or maybe not, because I have long ago learned not to try to figure out or predict its future value.
Or the value of the USD, as another example.
Gold, in fact, is not so special, it's only made out to be by certain people who are infatuated with it. Gold is an asset, like many others, and the gold price is simply the result of a market, like any other market, and responds to the forces which govern that market. Unfortunately, a particular difficulty in assessing the value of gold is the notion that gold, irrespective of whether there's demand for it or there isn't, is actually "worth" many thousands of dollars an ounce and anything said in contradiction to this is part of a conspiratorial attempt to keep its price down. Thus, anyone who sells or sells forward is a scoundrel. It's the same kind of thinking as saying that anyone who speaks badly of George W Bush is a traitor to the US.
I wonder how the following bit of information will be viewed?
breaking.examiner.ie
Since any bullish news about gold is always bullish and any bearish news is "conspiratorially" bullish, I suppose the Rothschilds pulling out of the gold market, as a once leading player and after many lifetimes there, will naturally be viewed as bullish. |
