Post
Topic
Board Economics
Re: Gold to reach new all time high of $2400/ounce
by
algopro
on 18/07/2018, 16:07:51 UTC
Highly doubt gold will increase by much, it has been replaced in the majority of all industrial applications and the only real use of it is for Jewelry. People used to buy gold as an inflation hedge, but otherwise it is like crypto - it only holds value if people believe in its value.