The gold price is moving up because governments have startet to pile gold as replacement for $ US.
Yesterday India alone bought gold for 6.8 billion.
The gold price will increase because demand is bigger than supply atm. . If that situation lasts for a longer period than takeovers could be on the cards just because the big guns wants to secure new acreages.
Some experts forecasts even $ 2000 per oz. Maybe that's still a little bit too high but who would have believed that the $ 1000 mark could have been broken.
The gold price is moving up because governments have startet to...
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