Reply to: So, what is stopping the price of Gold rocketing skyward?

[AtW]

sassy doesn't buy gold, he buys houses in Wandsworth which double in value every few weeks. This time next year some trillionaire will be begging him to sell it.

WHS

The very houses next to that Wandsworth Her Majesty's Prison.

That's because he is worth it!

[DimPrawn]

I had to sell some of my gold to take profits, so that's probably pushed the price down significantly.

SAS

sassy doesn't buy gold, he buys houses in Wandsworth which double in value every few weeks. This time next year some trillionaire will be begging him to sell it.

[Freamon]

I had to sell some of my gold to take profits, so that's probably pushed the price down significantly.

SAS

[Doggy Styles]

Perhaps all those number-crunching investors have concluded that recent panic buying, especially by the amateurs, has way over-priced it.

[doodab]

Perhaps things aren't really that bad?

[SantaClaus]

Any ideas from you brainy investment types?

Well, investment banks such as JP Morgan will continue to manipulate the paper-based instrument.

Only physical gold is safe.

[DimPrawn]

Perhaps everyone who wants it and can afford it already has as much as they want.

Or everyone who wants it and can afford it is waiting for those who have it, but can't afford to keep it to sell it.

Same with houses.

[doodab]

Perhaps everyone who wants it and can afford it already has as much as they want.

[Churchill]

DimPrawn is on your ignore list, cos he hasn't got a ******* clue.

[DimPrawn]

Any ideas from you brainy investment types?

DimPrawn is on your ignore list, cos he hasn't got a ******* clue.

[MarillionFan]

but would it mean more or less global warming?

Less. Well known that the Oil Aliens of Glacatus 3 use giant Ice Warriors from the Planet Dave. Be like dropping ice cubes in a glass of Pimms.

[Spacecadet]

Invasion from a far galaxy with giant 500ft Aliens made out of oil in giant gold & platinum space ships who get defeated when they give BP the contract for building drills to steal the earths water.

Oh that would also knock the oil price a bit.

but would it mean more or less global warming?

[MarillionFan]

Invasion from a far galaxy with giant 500ft Aliens made out of oil in giant gold & platinum space ships who get defeated when they give BP the contract for building drills to steal the earths water.

Oh that would also knock the oil price a bit.

[Churchill]

Of all people to complain about that!!!!

Hey! "Do as I say, not as I do" isn't a bad tenet to live by.

[Spacecadet]

Aw come on chaps FFS, don't derail my thread, it was a serious question.

Of all people to complain about that!!!!