Gold and Silver prices are falling.the fall in Gold prices can be explained.
1.Basel III which comes int effect from January 2013,has incensed the weightage of Gold from 50 to 100%.The banks,all over the World, have to buy Gold.So the price may be,being suppressed.
2.Since Silver and Gold are related by a price ratio Silver is also following.
3.All Governmental and Central banks will have to print notes,as the top 10 Developed Nations have HUGE Debts,except China.
Conclusion:-
THE RISE IN THE PRICES OF GOLD AND SILVER IS INEVITABLE.
1.Basel III which comes int effect from January 2013,has incensed the weightage of Gold from 50 to 100%.The banks,all over the World, have to buy Gold.So the price may be,being suppressed.
2.Since Silver and Gold are related by a price ratio Silver is also following.
3.All Governmental and Central banks will have to print notes,as the top 10 Developed Nations have HUGE Debts,except China.
Conclusion:-
THE RISE IN THE PRICES OF GOLD AND SILVER IS INEVITABLE.
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