About the author

  • Tom

    I quite agree.

    Gold has build itself up to a level where any sizeable amount cannot be sold without a spectacular drop in prices. This will mean that owners of gold will hang on to their hoard – just like banks holding on to foreclosed houses that can be sold; but only with a severe loss.

    Gold has lost it’s primary function as a basis for being money: It has gone illiquid.

Copyright © 2015 ValueWalk - Privacy Policy

Developed by ValueWalk Team