Marc Faber, an investor from Switzerland, who falls in the same league as that of Peter Schiff, is seasoned in the trends of the value of gold market. He had correctly speculated that there would be a spike in the prices of oil in 2000s and he knew that the surge just market the beginning of a decade. Ever since…
Tag: real value of gold
The Real Value of Gold: Production of Gold Should Slow Down
Although the production of gold is continuing at a steady pace and the value of gold inherently strong, there are limitations the production rate faces, which include the limited amount of ore, other hurdles faced in the regulatory and technical fronts etc. Also, over the past decade, the average time required to build a gold mine has doubled, which was…