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Gold Price Discussion
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<blockquote data-quote="user 4386" data-source="post: 508360" data-attributes="member: 4386"><p>I honestly do not think that one had to have any complicated theory to know that the world has major economic problems for some tome (so that gold would rise) and that the Australian dollar would fall relative to the American dollar (the Australian government has wanted this for ages). <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite3" alt=":(" title="Frown :(" loading="lazy" data-shortname=":(" /></p><p></p><p>Keep in mind that the gold price has only gone up 17% in more than 6 years, prior to which it was in major decline for about 3 years (not all that brilliant). However I expect we will see more real climb in gold for a while.</p></blockquote><p></p>
[QUOTE="user 4386, post: 508360, member: 4386"] I honestly do not think that one had to have any complicated theory to know that the world has major economic problems for some tome (so that gold would rise) and that the Australian dollar would fall relative to the American dollar (the Australian government has wanted this for ages). :( Keep in mind that the gold price has only gone up 17% in more than 6 years, prior to which it was in major decline for about 3 years (not all that brilliant). However I expect we will see more real climb in gold for a while. [/QUOTE]
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