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Now it will be easy to calculate,,, which is good for all those who are looking for gold... from my point of view it will go further up.. but how high .... that is harder to predict..

If we look at that 2.5 years ago gold was at the level of 1650 dollars an ounce.... then the increase in value is slowing down and is certainly approaching the level of double this value...

That is the next limit... where it can be shown that gold is capable of reaching this level..

Here it must be said that silver is still trailing behind gold and its value is growing proportionally too..

 

 

  • Like 2
1 hour ago, phrunt said:

I can't wait to see Reg Wilson scratching around on the ground to pick up a small flake now that it can buy him a carton of beer. 🙂

He can only resist so long.

 

I think you will find that Reg is more into his home made top shelf stuff.

1 gram in NZ$ 175.82

D4G

  • Like 4
2 minutes ago, davsgold said:

and $160.1 a gram in Aussie dollars right now

the lower AUD vs the US is helping give gold a boost, $160 is great.

2 hours ago, Ridge Runner said:

Who would have believed it when in 61 it was 35 dollars per ounce.

 Chuck 

I sure wish I had believed ! If I remember right though , I had just turned 8yo , 8 years before my first job for which I made $1 / hour ...... 🙄

  • Like 2

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