ANALYSIS, COMMENTS, THOUGHTS, AND OTHER OBSERVATIONS IN PROF. SKOSPLES' ECONOMIC SYSTEMS COURSE AT OHIO WESLEYAN UNIVERSITY
Monday, April 15, 2013
The Price of Gold Is Crashing. Here's Why
Gold prices are declining. This may be a terrible news for gold speculators but a good news for economies. According to the article, US economy is showing sign of recovery. Inflation is fast decreasing to 2% that make people feel no need for hedging by gold. What do you guys think? Is the US economy really recovering in the face of sequester budget cut? Is that possible that prices continue to go down in upcoming time? I don't think this is a good explaination.
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