Quote:
Originally Posted by TheDoc
If the 'supply' of gold was a factor in the price of gold, then gold prices wouldn't have ever increased and for sure never increased like it did.
The value of gold is fake, it's not based on the supply of gold. It's going to come down, but not because the supply increased.
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Actually, it's ALL based on the supply of gold, I have no idea where you learned economics 101, or if you ever did. Basic economics deals with supply and demand. The less the supply, the higher the prices. The greater demand of that rare supply, the HIGHER the prices go.