So, what is stopping the price of Gold rocketing skyward? So, what is stopping the price of Gold rocketing skyward?
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  1. #1

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    Default So, what is stopping the price of Gold rocketing skyward?

    Any ideas from you brainy investment types?

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    It's heavy.

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    It conducts too much electricity.

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    Lack of affordable rockets
    Coffee's for closers

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    Aw come on chaps FFS, don't derail my thread, it was a serious question.

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    Quote Originally Posted by Churchill View Post
    Aw come on chaps FFS, don't derail my thread, it was a serious question.
    It was begging for all those (excellent) comedy answers though.
    Just saying like.

    where there's chaos, there's cash !

    I could agree with you, but then we would both be wrong!

    Lowering the tone since 1963

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    Quote Originally Posted by Arturo Bassick View Post
    It was begging for all those (excellent) comedy answers though.
    Granted. However, anticipating said comedic interlude I did ask what was stopping the "price", not the actual Gold itself.

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    I'm not a serious investment type but it seems to me -

    If widespread defaults occur (many countries) in some ways it will be less serious - the world has to keep turning and basic stuff needs to be traded (food etc), so perversely, the worse things get, the less point there is in holding gold - after all you can't eat it, and if no-one wants it or can afford to buy it because they are now spending all they have staying alive; it becomes irrelevant.

    I would have thought that food and commodity prices will be under more pressure.

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    Quote Originally Posted by Churchill View Post
    Aw come on chaps FFS, don't derail my thread, it was a serious question.
    Of all people to complain about that!!!!
    Coffee's for closers

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    Quote Originally Posted by Spacecadet View Post
    Of all people to complain about that!!!!
    Hey! "Do as I say, not as I do" isn't a bad tenet to live by.

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