GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Why is gold crashing to below production value?

Manfap · 06-29-2013, 12:20 PM

Gold price takes into account the futures market. As gold is priced in $ and with QE ending the dollar will stregthen, so the comodoty price will drop in dollar value. In the global scale of things the value will be the same.

06-29-2013, 12:20 PM
Manfap Confirmed User Industry Role: Join Date: Jan 2013 Posts: 2,622	Gold price takes into account the futures market. As gold is priced in $ and with QE ending the dollar will stregthen, so the comodoty price will drop in dollar value. In the global scale of things the value will be the same.