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Commodities Briefing - Categorized | Bullion/Gold, Commentaries, Price Watch more

Thank god gold prices are falling

Posted on 14 May 2013

How many of us would like to walk into a shopping mall holding several grams of gold in the pocket to buy a packet of soap or other daily necessities? This is quite possible if paper currency loses its significance or value. But why would that happen and what does it have to do with gold prices?
Think of a scenario. A scenario in which the world collapses and there are massive job losses. Economic activities tumble, companies shut their offices and factories, governments decline to honour debt and banks refuse to return our deposits………………………………………..Full Article: Source


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VRS - who has written 36521 posts on Opalesque Commodities Briefing.


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