I’ve noticed places like Ebay selling gold bars at prices than less than what they sell for on the regular market, and I know that they’re not selling them at a loss. Where could they be getting this gold from.
Angel
The price of gold is at an all time high, while the value of the dollar is plummeting, causing horrible repercussions for the US economy. From estimates I’ve heard the US gold reserve has at least $150 billion in gold. Why doesn’t it put part of that (say $50 billion) on the market to simultaneously lower gold prices and raise the value of the dollar? I’m certainly not an economist and just wondering out loud, but it seems to make sense.
Shawnta
I have seen gold prices go up and down in recent years, anywhere from $600 to $1000, but it always seems to remain in that monetary ballpark. What would it take to make gold prices go way down, say to less than $400, short of some major gold mining discovery?
Moira
Looking for a fund and/or security that I can buy that will rise in value if gold declines in value (do NOT want to sell something short)
Thanks
Larue