The Mudcat Café TM
Thread #69944   Message #3015275
Posted By: Jack the Sailor
25-Oct-10 - 05:04 PM
Thread Name: BS: Scrap gold prices rising again
Subject: RE: BS: Scrap gold prices rising again
Gold is real but intrinsically it is not more valuable than any other metal.

The difference in value between gold and copper is no more real than the value of money.

Its a bubble, it will pass. I'm not saying that gold will drop to the price of copper, but it will drop. It will drop a lot.