I have a question about gold prices, if you zoom out to 20y youll see there was a dip in 2008, 12 and 13 if "gold is money the rest is credit" -JP Morgan why did it ever go down?

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Anonymous Sat Sep 7 13:57:58 2019 No.15518676 [Reply] [Original]

I have a question about gold prices, if you zoom out to 20y youll see there was a dip in 2008, 12 and 13 if "gold is money the rest is credit" -JP Morgan why did it ever go down?

>>	Anonymous Sat Sep 7 13:59:35 2019 No.15518691 >>15518676 Cashing out in light of the global economic depression and minor recessions in those specific years.

>>	Anonymous Sat Sep 7 13:59:58 2019 No.15518696 >>15518676 Ive been thinking the same thing, why does gold become cheaper from time to time

>>	Anonymous Sat Sep 7 14:39:34 2019 No.15518978 yeet

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/biz/ - Business & Finance