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Chris Gholson

Where is the price of gold headed?

Where is the spot price of gold headed?  

26 members have voted

  1. 1. In 1-year from now, where do you think the spot price of gold will be?

    • Higher
      10
    • Lower
      0
    • About the same
      16


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This link gives a good view of what influence the price of gold and platinum.

Gold verse Platinum   

In 2008, the price of platinum dropped from $2,252 to $774 per oz,a loss of nearly 2/3 of its value. By contrast, the price of gold dropped from ~$1,000 to ~$700/oz during the same time frame, a loss of only 1/3 of its value. 

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Its going up...2019 because of a number of factors, trade wars and the aggressive policies of the U.S. are making emerging economies withdraw from dollar assets . Repatriation of gold from  U.S. and British vaults...and a possible conflict with Iran will effect the oil/natural gas markets....which will IMHO create a huge demand for physical gold.    

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