Why Is Gold Plunging As Stocks Go Hig...

Why Is Gold Plunging As Stocks Go Higher?

There are 6 comments on the goldandsilverblog.com story from Dec 23, 2012, titled Why Is Gold Plunging As Stocks Go Higher?. In it, goldandsilverblog.com reports that:

The impact of unlimited money printing by two of the world's largest economies surprised many gold investors as the price of stocks and gold quickly diverged, with gold selling off and stocks (especially in Japan) gaining.

Join the discussion below, or Read more at goldandsilverblog.com.

Raj Chanani

Torrance, CA

#1 Jan 3, 2013
I am not sure what the true value of gold, silver and precious metals is?

I think it is just shiney metal, no more valuable than steel or iron. Food, housing, cloths, entertainment and other thing are more valuable than gold. I would think that gold and silver will tank in a big way in the future.
Human at Earth

Torrance, CA

#2 Aug 10, 2013
We authorize the Federal Reserve to stop printing any more money. Also, to do a 10 to 1 reverse split on the dollar. We did forget, now here it is, when the dollar bill becomes too dirty, then it is to be shredded then burned. Then replacement new money is to be printed.

Everything will be cheaper.
QUITTNER

Cobourg, Canada

#3 Aug 11, 2013
8:50 am, August11, 2013:
Human at Earth wrote:
Everything will be cheaper.
..... That is very unlikely; inflation raises incomes and prices again and again. Compare with the pre-Nixon pegged price of 35 US dollars for one ounce of gold, and with the current price of gold.

RE: Why Is Gold Plunging As Stocks Go Higher?
Just like anything on any market prices go up and down, usually according to supply and demand. The price of gold is now going up again.
Human Man at Earth

Fontana, CA

#7 Sep 28, 2013
Raj Chanani wrote:
I am not sure what the true value of gold, silver and precious metals is?
I think it is just shiney metal, no more valuable than steel or iron. Food, housing, cloths, entertainment and other thing are more valuable than gold. I would think that gold and silver will tank in a big way in the future.
English department has complained. Language issues. I got an A, A-, B+, B, B-, C+, C, C- average. A, B, C, D, F, W, I, the whole thing.

We are not sure about the value of gold, silver and precious metals. We think it is a shiny metal about as valuable as iron, steel, lead, copper, zinc. We think uranium and tungsten is more expensive.

Gold 100

Silver 50

Steel 40

Iron 40

Lead 30

Copper 20

Zinc 20

Uranium 400

Tungsten 500

Please note: Most of the cost is the digging, cleaning, selling, buying. We noticed, the big buildings have beams made out of steel or iron. The gun maker does use lots of iron.
Human at Earth

Fontana, CA

#8 Sep 30, 2013
Yes, give all of the gold at Fort Knox to the people of North America. They need it. Send the guards home.

Eventually they need food, sleep.
QUITTNER

Toronto, Canada

#9 Oct 3, 2013
4:34 pm, Thursday, October 3, 2013:
RE: Why Is Gold Plunging As Stocks Go Higher?
..... It's like stocks, they also many plunge from time to time. And guards are needed wherever robbers want to do their thing.
..... Up to Nixon the price of every ounce of gold was only then much more valuable 35 US dollars.

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