SURbit Posted December 6, 2015 Share Posted December 6, 2015 The Real Reason Why Gold Prices Are Falling The past few months have been pretty rough for gold buyers. Week after week the price has plummeted, most notably on Tuesday when the spot price fell to a 6 year low. At first glance the decline seems relentless, and a vindication to all those investors who thought that the gold bugs were crazy and reckless. However, there’s bit more to this than meets the eye. You have to recognize first and foremost that what we’re seeing is the decline of the paper gold market. As the price falls, the sale of real gold keep climbing. The US Mint sold a record of 97,000 ounces of gold in November, which is 185% more than they sold in October, and 62% higher than it was last year. Likewise, silver bullion has also been breaking records. There have been several reasons given for this schizophrenic market trend. As for why paper gold is falling, some suspect that the Fed will raise interest rates, thus strengthening the dollar. Maybe China’s faltering economy is hindering their population’s rabid gold demand. There’s also the fact that Mario Draghi, the President of the EU’s central bank, has said that he will inflate the Euro. Again, this would also strengthen the dollar, and lower gold prices. So then why is demand for real gold going up despite falling prices? Some think there is a renewed threat of a recession on the horizon, so there is a heightened fear of financial collapse. Or perhaps it’s simply because the kinds of people who buy physical gold have fundamentally different beliefs and investment strategies from those who buy paper gold. Physical buyers feel much stronger about gold’s long-term prospects, so they will always buy when the price falls. You can read the rest of the report here-http://readynutrition.com/resources/the-real-reason-why-gold-prices-are-falling_03122015/ Link to comment Share on other sites More sharing options...
jtmulc Posted December 7, 2015 Share Posted December 7, 2015 Funny how the people preaching doom and gloom telling you the economy is about to collapse still accept U.S. dollars. Link to comment Share on other sites More sharing options...
flitox Posted December 7, 2015 Share Posted December 7, 2015 why is gold paper falling?? cuz it's just another scam from the bankster! they sell you gold but all you have is paper. Link to comment Share on other sites More sharing options...
SURbit Posted December 10, 2015 Author Share Posted December 10, 2015 On 12/7/2015 at 9:55 PM, jtmulc said: Funny how the people preaching doom and gloom telling you the economy is about to collapse still accept U.S. dollars. Like it's a marketing ploy - that is doom and gloom sells more product. The churches have been in this business and fair the best with no tangible product cept your salvation. Link to comment Share on other sites More sharing options...
SURbit Posted December 10, 2015 Author Share Posted December 10, 2015 On 12/7/2015 at 8:25 AM, flitox said: why is gold paper falling?? cuz it's just another scam from the bankster! they sell you gold but all you have is paper. Don't ya know it ! Not a good future if it's not weight in your hand... Link to comment Share on other sites More sharing options...
flitox Posted December 11, 2015 Share Posted December 11, 2015 18 hours ago, SURbit said: Don't ya know it ! Not a good future if it's not weight in your hand... especially when they sell the same bar of gold to hundred of people... Link to comment Share on other sites More sharing options...
SURbit Posted December 11, 2015 Author Share Posted December 11, 2015 29 minutes ago, flitox said: especially when they sell the same bar of gold to hundred of people... The US at one time held in storage other countries gold bullion, wonder if it's still there? The US was started by rich men who broke away from the taxes imposed on them from their origin. This to me is why it's so lopped sided [Rich Vs Poor], just as stocks and futures are a game of the rich, I think once you have more money than you can carry at any one given time, everything $$$ not held on your person should be taxed highly. This would mean more investment in the US, the World and a piece of that pie for everyone. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.