Gold Price At $15000 Per Ounce

http://www.9999gold.co.uk/

Gold price will be at $15000 per ounce soon.

==

Many holders of gold store it in form of bullion coins or bars as a hedge against inflation or other economic disruptions. However, some economists do not believe gold serves as a hedge against inflation or currency depreciation.[10]

The ISO 4217 currency code of gold is XAU.

Modern bullion coins for investment or collector purposes do not require good mechanical wear properties; they are typically fine gold at 24k, although the American Gold Eagle, the British gold sovereign, and the South African Krugerrand continue to be minted in 22k metal in historical tradition. The special issue Canadian Gold Maple Leaf coin contains the highest purity gold of any bullion coin, at 99.999% or .99999 finess, while the popular issue Canadian Gold Maple Leaf coin has a purity of 99.99%. Several other 99.99% pure gold coins are available. The Australian Gold Kangaroos was first coined in 1986 as the Australian Gold Nugget. Its kangaroo theme appeared in 1989. In addition, there are several coins of the Australian Lunar Calendar series, and the Austrian Philharmonic. In 2006, the United States Mint began production of the American Buffalo gold bullion coin with a purity of 9999%.

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[Talentz92]

5 april 2011 20:10 GMT

Gold at $1453.01 oz

Silver at $39.17 oz

Lets see what it is a year from now

[DeeJay1953]

This guy is off by about $12,000

On June 22, 2010,Before the latest printing of another $600 Billion by the Fed I did this calculation: US is the largest gold holder with reserves of 8133.5 Tonnes, Federal Reserve data as of June 17, 2010 the M2 currency number was $7.7555 trillion dollars.

This would imply a value of gold at $27,131.59 at the current time (21.75 x $1243)

[indman101]

This guy is doing the selling I hope your not buying this...Dont put all your eggs in one basket

[TWSceptic]

Let's not forget that $15000 also has less purchasing power in 5 to 10 years. It's exactly because of inflation that a $ is only 50% of it's purchasing power in 2000. So in 10 years, $15000 will only be $7500 in todays money. Which sounds a lot more plausible than 15K.

[milionis]

Out of Production

By 1933, almost every country had stopped gold coin production, and it did not restart until about 1960. Even now, there are no countries where any gold coins regularly circulate as part of the coinage system.

The last half sovereign to be issued for circulation was in 1926

taxfreegold.co.uk/halfsovereig­nsinfo.html

[SuperCulloden]

Try $1600 ... It is now December 26, 2011 and gold has soared to the dizzying height of $1606.

A country could have every ounce of gold in the world stored away doing absolutely NOTHING, whereas such as Germany, with its industrial base, and not relying on a useless metal is keeping Italy, Spain, Greece, and other lazy rag tag mooching nations with their hoarded gold from sinking into the bottomless pit.

Industrialization is a nation's real WEALTH, not gold.

[forugh3]

@DeeJay1953 so would that be enough to establish the gold standard?

[stangGTKKK187]

BS

[MrBigEnchilada]

we also bought more gold during this time, the price should be high but not that high...i think this guy is lying to get money...

[vanessablackjack]

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