RE: Another Billionaire Warns of Catastrophic Depths Not Seen in 5,000 Years - and Emphasizes Gold
Realize real eyes that real lies relies on real eyes.
Lots of supply right now on the market which most likely is driving down the price. When the price is high again they will sell off and repeat the process all over again while leaving you with the bag of overpriced gold.
There are many places in the world right now that will soon open new gold mining facilities which will drive the market down even more.
It took me five seconds to find the info on Google. I'm sure if I spend more time researching it I can find a lot more.
- http://www.northernminer.com/subscribe-login/?id=1003777022
- http://www.newgold.com/investors/NewGoldNews/PressReleaseDetail/2016/New-Gold-delivers-2016-first-quarter-production-at-significantly-lower-costs/default.aspx
Gold by the numbers
http://www.numbersleuth.org/worlds-gold/
Now I'm not saying buying gold is not worth it. Just ask yourself how are the wealthy people of the world able to make so much money off the backs off the uninformed.