Gold

Day 1,517, 10:01 • Published in USA Ireland • by Artaxerxes Pavonis


In a recent turn of events, the price of Gold has dropped dramatically. A first I have ever seen. With in the last 6 months Gold prices around the world have soared up to 1,000+ for most countries. Causing a rise in wages and costs, but stayed relatively at the same rate.

Due to recent events and region acquisition, productivity has increased to a double of base production. This has increased supply while demand has stayed the same, resulting the know equation of Supply and Demand, a drop of prices. And that even includes Gold. Just last week, Gold was selling at 999 USD +/-, now at 820 USD +/-. But the question is, will Gold keep falling, and when will it stabilize?

-Artaxerxes Pavonis