Gold's Future Doesn't Rest on Wrathful or Merciful "Gods of the Fed." So, What Does it Rest On? :: Elliott Wave International
Sentiment, discretionary income, poor alternatives. As money goes back into gold, others follow. It works in reverse as well.
It rests on a solid base of 6000 years usage as a stable form of monetary exchange mechanism asset and insurance protection metal against unforeseen future adverse events which have and will once again soon render most other asset classes created by mankind near worthless. Gold was created by God, to be honest money for the payment exchange of goods and labour, no wonder the Satanic Banksters brotherhood hate the "Barbarous Relic" and that is precisely why I like it with a passion. Are you asking for a friend Davros10? Or are you bored shitless waiting for your cheap-as-chips silver and gold to materialize so you can back up your mini minor and load up? PS: I might just clarify here that the evil banksters' brotherhood doesn't actually hate gold they just hate us peasants having any gold and protecting ourselves from their diabolical schemes to enslave us and to steal from us at every opportunity.
