27.04.2011 - What's changed now that gold's at $1500...?
So what's different about gold at $1500 per ounce...? Nothing. Absolutely nothing. There's no more or less of it in the world today than there was a day or a week ago, and very little more than a month ago. There's barely 15% more today, in fact, than there was a decade ago at $270. Gold still has very few industrial uses - only 11% of 2010 global demand - and the stuff remains indestructible. It never changes or does anything. Hell, it won't even rust..............................................Full Article: Source
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