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starone | 08:53 Mon 26th Dec 2011 | How it Works
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Why is gold so valued? It doesn't seem to be useful for anything except making ornaments or baubles. The same thing applies to so-called 'precious' stones, some of which are extremely difficult to obtain - even involving death in the attempt to get them. Beats me. Perhaps someone has a good explanation.
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The price of Gold will not fall any time soon, with the unstability of the world currency markets. No matter how many new deposits are found there is only 1 way for the Gold price in the forseeable future up,up,up !
Wishful thinking Eddie?
With reference to ".. did you know that seawater contains approx 25lbs of gold per cubic mile? " , we've obviously got gold on the brine ... :-)
Because gold purchases is traditional jewellery in middle & far east, they keep the market bouyant.

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