[MeganC]

That’d be awesome if gold went down. I’d be interested in buying a lot more of it were it more affordable.

[MrB]

There is some supply and demand factor,
but for the most part, think of the value of gold as a constant,
and its “price” is just a reflection in the value of the dollar.

Historically, an oz of gold would get you a nice suit of clothes and a contemporary personal defense weapon. It still does.

Also, if you understand that the dollar’s days are short,
you “buy” gold as wealth insurance.
No, you can’t eat it; you can’t really spend it either.
But it’s insurance to be changed into whatever passes for currency “after”.

If you need a metal that will be used for currency until that new system is in place, that would be silver.

Silver is money, gold is insurance.

[M-cubed]

I doubt very much it will go down that low but if by chance they manipulated it down the premium would be $200 or more....that they cant rig!!