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Gold Price Discussion
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<blockquote data-quote="BigWave" data-source="post: 376886" data-attributes="member: 6786"><p>I don't necessarily subscribe to the article of above, but I've been looking at gold pricing vs the US economy.</p><p>A good example of the possible manipulation of gold pricing is per the graph below:</p><p>I'm no expert, but the last 4 years look like gold has been deliberately depressed in response to very high prices during 2011and 2012.</p><p>Not shown, but gold is still currently around US$1,235/oz (extremely low). So what else is supporting the US debt?</p><p><img src="https://www.prospectingaustralia.com/forum/img/member-images/6786/1513669352_gold_price.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p></blockquote><p></p>
[QUOTE="BigWave, post: 376886, member: 6786"] I don't necessarily subscribe to the article of above, but I've been looking at gold pricing vs the US economy. A good example of the possible manipulation of gold pricing is per the graph below: I'm no expert, but the last 4 years look like gold has been deliberately depressed in response to very high prices during 2011and 2012. Not shown, but gold is still currently around US$1,235/oz (extremely low). So what else is supporting the US debt? [img]https://www.prospectingaustralia.com/forum/img/member-images/6786/1513669352_gold_price.jpg[/img] [/QUOTE]
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