Why IS the Price of Gold Rising?

Why IS the Price of Gold Rising?

While there are several, interrelated reasons for gold’s spectacular rise, John Williams of Shadowstats would agree with the notion that, while the price of gold is rising, its value is not. Because the value of the dollar is shrinking, it takes more of them to buy an ounce of gold. That’s inflation – and it’s driven by money-printing, not because Gold Bugs are reproducing faster than the general population; we are not.

Of course, the criminal elements running the government/monetary system will tell you that inflation is negligible and looming deflation is the real problem. Hence, wanton money-printing is not only harmless – it’s necessary!

It may shock you to learn that the inflation statistics are being cooked and Williams has the details. And, a warning: we cannot be responsible for the consequences if you stare at Williams for the entire video.

Simple answer is........its not rising, its falling.

www.thebulliondesk.com...

It did rise...but now its falling again....wars, weather, disasters etc all account for the price increase.

reply to post by loves a conspiricy



What falling?

Gold was US$1610/oz on August 1st 2011. Now it's US$1815/oz.

US dollar sure is falling.

reply to post by wisdomnotemotion


lol what i mean is...it peaked at $1900, and has been dropping ever since. Uncertainties such as wars/conflicts effect gold prices.

The dollar is bouncing back....slowly

Global banks describe the value of both the Dollar(and most other currency values)and Gold. They are Hi or low because THEY say so. Who is making the wealth? Global Banks. They can say its because of this and that but it all boils down to "Because We Said So!"

reply to post by wisdomnotemotion



The Price of Gold is SEEN as rising when priced in US Dollars simply due to the fact that in actuality it's the Dollar losing value due to inflation combined with the worldwide demand for Gold contributing to the rise.

This is why the US Govt stopped publishing the M3 Money Supply data years ago. The Govt. didn't want to share just how many Dollars were being printed and pushed into circulation resulting in inflation.

Look at the prices of other commodities, they're all way up when priced in Dollars due to inflation as well.

I was telling people to get out of the stock market and invest in Gold back in 2006 when Gold was still under $600. per ounce.

Those who listened would have tripled their money by now as I have.

Is the price of Gold "DOWN" ?

Not relative to my purchase price !

+70 million Baby Boomers coming online needing their SS checks.

Congress spent the SS Trust Fund...so the Printing Press is the only means to meet SS Liability.

Well there's War.

They want to repeat the Boxer Rebellion and topple China then make them liable for a kazillion in "reparations".
But if we go to war with China there won't be anybody left alive to matter.

Baby Boomers didn't have enough babies....
America killed too many of its own...
All the immigrants brought in to fix the hole made Trillions for themselves and fled the country.

Leaving Obama bringing in +1 million foreigners every year and praying it helps...but it hasn't.

So there's also another plan...."Odyssey Dawn"....topple the world and take it over. If the acceptable losses are 99% it could be done.

Originally posted by loves a conspiricy
reply to post by wisdomnotemotion

 

lol what i mean is...it peaked at $1900, and has been dropping ever since. Uncertainties such as wars/conflicts effect gold prices.

The dollar is bouncing back....slowly

This is ephemere, the dollar will not go back to what it really worth. The question is not if the collapse of the dollar will happen but when it will happen actually.


Thruthseek3r

The citizens of two most populated nations on earth; China at 1.33 Billion and India at 1.15 Billion buy Gold and Silver as their long term savings. Gold jewelry in India is sold on the value of it's gold instead of ornamentation and looks 'orange' because it's 22 carat, and here in the US it's typically 18 carat and valued at it's ornamentation.

As the citizens of India and China become more prosperous, more of them buy gold. The price of gold fluctuates due to traders and speculators from you and I to large banks. However the long term price of gold will continue to crawl up because more people who culturally collect gold are becoming prosperous, as the western nations continue to export the western standard of living (and manufacturing and software development) that creates the middle class.