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Doom
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Gold Could Go To Infinity - Ron Paul - Mark O'Byrne - gold.ie

I always hate those "gold to infinity" expressions. It's far more accurate to say that "paper will go to zero" in terms of buying power. If gold really "went to infinity" I'd be able to buy the entire country with an ounce of gold...and we all know that's never going to happen under any circumstances.

Even in a "gold to infinity" scenario, it'll still probably take several ounces of gold to buy a decent new car.

Commented 3758 days ago

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Beginning of the headline :Today’s AM fix was USD 1,297.50, EUR 968.43 and GBP 766.21 per ounce. Yesterday’s AM fix was USD 1,307.50, EUR 972.84 and GBP 770.39 per ounce. Gold fell $4.50 or 0.34% yesterday to $1,300.60/oz and silver slipped $0.02 or 0.1% to $20.60/oz. Silver for immediate delivery rose 0.2% to $20.61 an ounce in London. Platinum was 0.2% higher at $1,485 an ounce. Palladium gained 0.2% to $882/oz and appears to be consolidating close to a 13 year nominal high of $889.75. Gold is flat in London this mo... Read More

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