Quote:
Originally Posted by jgaiser
And Rhodium crashed the next year.
Gold and Rhodium prices have nothing to do with anything but speculation.
Gold prices were held down by of the U.S. Government for years, but it's current prices is just because of the speculation market
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Quote:
Originally Posted by rkomar
Gold is also what people buy when they're worried about currencies plunging. I saw a talking head on TV recently who said that the price of gold dropping recently was a good sign that economic conditions were less threatening globally.
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It still affects my business drastically. I used to guarantee estimates for 30 days. I can not do that any more.
And it is the same for those in the retail oil business.
Apache