Gold's price is only half the story here. The other half of the story is the val... | Hacker News

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		hatradiowigwam 37 days ago \| parent \| context \| favorite \| on: Gold Prices Top $4k for First Time Gold's price is only half the story here. The other half of the story is the value of US debt and US currency(USD). When they move in opposite directions - historically - /one/ of those instruments crashes. Choosing a side and putting your money behind it is dangerous, but also lucrative.

carlosjobim 37 days ago [–]

Gold's price is of course increasing equally in all currencies in the world, not only USD.

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