Monday , 26 February 2024

Tag Archives: MCG/GWP ratio

Don’t Buy Gold Until Price Falls Below $1100! Here’s Why (+2K Views)

An analysis of the ratio between the market capitalization of gold and the gross world product over the past 63 years suggests that the current price for gold has further to fall and that it would not be wise to begin buying gold until prices have fallen below at least $1100 - and not expect gold to appreciate beyond $2,000 any time soon. Here's why.

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