i think gold will touch 2000$ in the near future
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Disliked[i]It is interesting to note that only 160,000 tons of gold has ever been mined from the face of this planet and at US$950 per ounce, it is worth US$4.9 trillion. Now, consider that the total amount of paper money in circulation (currencies, savings, deposits, money-markets and CDs) is worth US$60 trillion or approximately twelve times the value of the gold in existence. Now, there is no doubt in my mind that as world governments debase their currencies, many people will begin to question the viability of paper money as a store of value and they...Ignored
Disliked[i]It is interesting to note that only 160,000 tons of gold has ever been mined from the face of this planet and at US$950 per ounce, it is worth US$4.9 trillion. Now, consider that the total amount of paper money in circulation (currencies, savings, deposits, money-markets and CDs) is worth US$60 trillion or approximately twelve times the value of the gold in existence. Now, there is no doubt in my mind that as world governments debase their currencies, many people will begin to question the viability of paper money as a store of value and they...Ignored
DislikedI bought gold at 936 and then again at 928. Im happy today. I agree it will could touch 960. I also trade Oil.
p.s im new here ..hello everyone.Ignored
DislikedI bought gold at 936 and then again at 928. Im happy today. I agree it will could touch 960. I also trade Oil.
p.s im new here ..hello everyone.Ignored