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<p>[QUOTE="medoraman, post: 1857186, member: 26302"]7.5 trillion might be all of the gold in the world, but how much is for sale? Most physically cannot/will not be sold. I have my wedding ring, ostrogothic gold, byzantine gold, and other pieces I simply would never sell at any price. I was referring more to simply buying all gold currently for sale. The Hunts got in trouble by the leverage they were using. They were leveraging money to try to corner the market, not just buying. Silver would be an easier example. Why not spend a few billion and physically buy all silver for sale if you truly believe its worth much more? </p><p><br /></p><p>I thought the article linked earlier was interesting, how lower gold prices were actually forcing higher production, and current production was actually historically very high. Might help explain why China can buy a lot of gold but prices not increasing.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1857186, member: 26302"]7.5 trillion might be all of the gold in the world, but how much is for sale? Most physically cannot/will not be sold. I have my wedding ring, ostrogothic gold, byzantine gold, and other pieces I simply would never sell at any price. I was referring more to simply buying all gold currently for sale. The Hunts got in trouble by the leverage they were using. They were leveraging money to try to corner the market, not just buying. Silver would be an easier example. Why not spend a few billion and physically buy all silver for sale if you truly believe its worth much more? I thought the article linked earlier was interesting, how lower gold prices were actually forcing higher production, and current production was actually historically very high. Might help explain why China can buy a lot of gold but prices not increasing.[/QUOTE]
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