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Old 08-02-2007, 06:14 PM
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JWheaton JWheaton is offline
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Quote:
Originally Posted by REAL 1
Maybe he knows something you don't. Like the market going to $700.00.

Market values are set by buyers and sellers. Sometimes it just takes one buyer/seller to set the market (other buyers and sellers) going.

If buyers are willing to pay $600.00 for $500.00 dollars worth of gold then that gold is now worth $600.00.

Intrinsic value is completely different from market value. Gold doesn't have an intrinic value it has a value set by the market. Otherwise it has no greater value then lead.

I didn't see JWheatons point as a good point.

Of course I saw my point as a good point though!
Do you EVER see anyone else's point as good?
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