Is this how the price of gold will skyrocket?

Discussion in 'Gold' started by Seven of nine, May 22, 2017.

  1. Seven of nine

    Seven of nine Active Member

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  2. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    Gold is a metal we dig out of the ground and later we will start mining the Ocean, if it got valuable enough.

    Close to 200,000 tons have been mined and still have huge quantities of gold in the ground, in fact even if it was worthless we will still be digging it out as a byproduct of other metals like copper.

    China having 10,000 tons is but a blip
     
  3. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    The Chinese are not dumb. They beat the West at our own free trade game and from nowhere won in couple of decades. And they been hoarding Gold because they foresaw the world currency crisis coming.

    Yep, PMs are going to skyrocket! :)
     

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