Oct 25 2011, 09:20 AM
QUOTE(cherroy @ Oct 24 2011, 06:10 PM)
Gold is over-crowded and fill with lot of short term trader, speculator, ETF, and many treat it like a stock now.
See how people everyday eager to know what is the price of today, as same as people look at stock price.
Actually, central bank in the world are the big buyers for gold. If US keep printing more money, the price of gold will increase. This central bank are now slowly selling off their USD currency for gold.See how people everyday eager to know what is the price of today, as same as people look at stock price.
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