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Strategies & Market Trends : The coming US dollar crisis
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To: chartseer who wrote (54401)1/21/2014 11:45:42 AM
From: Horgad  Read Replies (1) of 71400
 
Ultimately, its the price of energy that determines the price of gold. If there a scientific break through that causes the price of energy to plummet or someone figures out how to make or get gold using significantly less energy than required currently, gold will plummet accordingly. So yes it is true that you can make gold from other materials and yes it is true that you can extract it from sea water, but the energy costs of doing either are currently far greater than mining costs.

So it is a risk, but what are you going to do? Unless have nothing and thus nothing to lose, risk is impossible to avoid. So choose your poison.
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