Comments on: Gold’s Undervalued Says Paul Tudor Jones

By: Prostate Cancer Treatments

Prostate Cancer Treatments — Thu, 26 May 2011 18:23:31 +0000

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By: Herkimer Diamonds

Herkimer Diamonds — Mon, 02 Nov 2009 18:17:07 +0000

If gold is so useless why does the US have 262 million ounces in their vaults? Why does the Federal Reserve keep other countries gold stores in their vault in NY? Gold is a type of currency onto itself, it's a fallback. Right now China, India and Russia barely have any gold reserves. You will soon be seeing Gold buying by these countries as a shore to their currency. Herkimer Diamonds

By: Gold Nuggets

Gold Nuggets — Mon, 02 Nov 2009 18:16:37 +0000

Gold has two values: the actual use value in industry, and speculative value. As the former is less than 1/10th of the latter, it's a pretty poor investment, relying on the greater fool theory. Gold Nuggets

By: Australian Gold

Australian Gold — Mon, 02 Nov 2009 18:14:56 +0000

The question is, how much of gold is a hedge against inflation, and how much of gold is just another commodity, subject to the same fate as all other commodities over the last few months? What is the percentage, and how do we calculate it? I'm sick of hearing about how the price of paper money is manipulated. Australian Gold