Price goes up if Dollar is weak,economy is tottering;up when economy is performing well for because economy is doing well people go in for gold;if oil prices are high, gold price increases;if oil prices are low,gold price increases.
Will some one tell me what exactly is happening?
May be that the Gold Cartel that fixes prices needs a look into.
Scam has gone too far unnoticed.
Honey moon with Capitalism is turning sour.
Reason is that Keynesian Economic Theory is not working in terms controlling Inflation and deflation.
Secondly the assumption that material benefits alone can guarantee security is taking a beating as security of future is not guaranteed even by Capitalism.
The divide between the have’s and Have nots have widened to the point of being unbridgeable, recalling to one’s mind the conditions obtaining in France prior to 1789;here the nobles have been substituted by Corporations and the obscenely rich.
Fourthly,financial scams by corporates have disillusioned the common man.
However, Communism is no solution as capitalism with more controls and distribution of wealth is the solution.
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