Tuesday, June 05, 2007

Why Gold goes up

Ever wonder why precious metals are so valuable? Why gold goes up? How financial markets work?

Well, you are not alone. Basically the law of supply and demand keeps gold high and makes it go higher. It is a store of value. People depend on gold to have money.

The pieces of paper are basically not worth much when a government falls, but gold never rusts, never tarnishes. It is as good as gold.







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