Pearlbb03

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  • Buying Gold for Oil Like George Soros
    This is ridiculous... oil pricing is actually backed by supply and demand... there is no legitimate demand for gold and it is simply a play against the dollar... oil on the other hand is something that the entire world needs and it is not renewable. If the notion that gold can be a substitute for currency, which it really can't be, is ever removed from the minds of traders, then gold will plummet to prices that more accurately reflect its demand, which is very minimal.
    Aug 01 10:04 am |Rating: 0 0 |Link to Comment |View article

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