World Loses Faith in Gold as Prices Plunge


Conservative News Update:

Dec. 16 (Bloomberg) –- Bloomberg’s David Ingles reports on why investors are moving away from gold which has seen prices falling 25% since the start of 2013. He speaks to Mia Saini on Bloomberg Television’s “First up.” (Source: Bloomberg)

7 thoughts on “World Loses Faith in Gold as Prices Plunge

  1. Hey Steve.
    I suspect that silver will be OK—for awhile.
    I have been kicked off twitter over and over. Commies dont like to hear about themselves.

  2. LOSING YOUR ASS HAS BECOME COMMONPLACE IN THE USA THE PAST 5 YEARS…. ESPECIALLY OLD AND FAST CARS.. EVERYONE I KNOW IS BUYING AND HOLDING PURE SILVER..

  3. The drop in the price of gold indicates that large numbers of people think that things are getting better or will in the future. Gold is held as a hedge against troubles of many types such as war, inflation, economic collapse, etc. The lower prices indicate that people think that these types of problems are less likely in the future. That may be bad for speculators but means that lots of people look for a brighter future. Sunrise is a great time of day for most, but not vampires.

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