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Gold will go down to $700 in the next 5 years?
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<p>[QUOTE="jjack, post: 1554454, member: 33596"]But Cloud you are not factoring in increase consumer demand for gold, IIRC jewelry imports jumped from 4 bill to 33 bill for Gold in India between 2000-2010. Also increasing production costs, which from what i read has gone up more than 2 folds thank to increasing fuel costs.[/QUOTE]</p><p><br /></p>
[QUOTE="jjack, post: 1554454, member: 33596"]But Cloud you are not factoring in increase consumer demand for gold, IIRC jewelry imports jumped from 4 bill to 33 bill for Gold in India between 2000-2010. Also increasing production costs, which from what i read has gone up more than 2 folds thank to increasing fuel costs.[/QUOTE]
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