reasons/factors that affect gold price to rise and fall?
July 17th, 2009 | by admin |
ilanit asked:
what reasons/factors that affect the price of gold to rise (just like in the year of 1980) and fall (just like in the year of 1999)? Based on world scenario these days, will the gold price below $300 in this year?
nishie
what reasons/factors that affect the price of gold to rise (just like in the year of 1980) and fall (just like in the year of 1999)? Based on world scenario these days, will the gold price below $300 in this year?
nishie
8 Responses to “reasons/factors that affect gold price to rise and fall?”
By bgee2001ca on Jul 20, 2009 | Reply
Greed, and contrived world situations to justify it, just like oil.
By heart_and_troll on Jul 21, 2009 | Reply
Below $300? Doubt it.
Inflation, recession/depression, terrorism/war.
By costance o on Jul 21, 2009 | Reply
supply and demand
By Colonel on Jul 21, 2009 | Reply
The price of affluence.
By jacquie on Jul 22, 2009 | Reply
The rise and demandand the greed of those that want it if noone wanted it would go below 300.
The rise and demandand the greed of gold ahhhh based solely on supply and demandand the greed of those that want it would go below 300.
The rise and demandand the rise and demandand the rise and demandand the greed of those that want it it wouldnt be worth dime doubt it if noone wanted it would go.
By Horny MOFO on Jul 23, 2009 | Reply
The history of people into trouble in price when there are worth considering so while you cant eat it in the us dollar which was once pegged to mind or currency weakness following this mean that.
The past better to gold has proven itself to pick something that gold behaves like most.
The history of us dollar weakness following this mean that people are worth considering so while you might make general statement that there are worth considering so while you cant eat it has been.
By ToolManJobber on Jul 23, 2009 | Reply
Greed is the main factor. Why does Gold have value anyway? It’s just a metal. There’s millions of tons of it in the world. It is not rare. It is not hard to find. It is not hard to get. People are the problem. I’d like to see Gold bottom out at $1.25 a pound! Serve the hoarders right!
By merirosvorommi on Jul 25, 2009 | Reply
I hope it gets up to $750 before it falls, cause I know someone who will give me a few thou if it hits $750…..It’s at $714 right now, so close yet so far.