OohPooPahDoo
Gold Member
- Thread starter
- #21
Clearly you don't know shit. They only Value it at 42, Because it is so much Gold, if they ever went to unload it, it would massively Drive the Price of Gold Down.
You people simply do not understand economics.
To $42.22 for selling off less than 5% of the total world supply? I fucking doubt it.
There can be six billion TVs in the world, but if only 1 million of them were for sale, their price would be very, very high.
If you then "flood" the market with another 300 million TVs (5 percent of the total world supply), the price would drop radically.
.
By a factor of 40 X ? Really? Any real world examples of this happening?
And please, just nevermind the fact that the gold doesn't need to be sold all at once - or even at all.
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