Price of gold is projected to decline. America as a country
has proposed gold that is the world's largest 8,133.5 tons. As proposed gold
its very large, but from the proposed gold very big at all, proved inadequate
compared with their debt.
Recommendations gold when they are worn to pay debts just
enough to pay 3.46% of its debt. Even when added to his reserve, America could
pay off only 4.48% of its debt with the rest of the gold that you have.
Meanwhile, the price of gold contracts currently moving flat
in position 1,640 U.S. dollars per troy ounce on the Comex , New York .
Predicted increases in gold prices related to strengthening the U.S. dollar .
Speculation about the spread of the debt crisis of Europe deplete the demand
for assets valued dollar .
"Recently, investor interest towards gold has begun to
fade. movements in the price of gold is influenced by the strengthening of the
dollar and the stock market , "
America has always had pretty much the proposed gold but
already pawned her in China . Until when currency China weakened against the
dollar price established gold will go down.
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