Spot Gold
This page displays charts of the current price of gold, otherwise known as the spot gold price. The spot gold price refers to the price at which gold may be bought and sold right now, as opposed to a date in the future. The spot price for gold is in a cons...
Is it guaranteed that if the dollar was backed by a quantity of gold, that the value of gold would rise? Or is it that you should buy gold and even silver to ensure you own something when the dollar is worthless? I guess #2 and hope for #1?
gold/silver have real value regardless of what happens to the dollar. the BRICS coalition is making sure that the value of gold/silver will have it's proper place in the world soon. at this point, it seems more a matter of when, not if, that the price fixing of gold by the west will come to an end.