What will happen with gold prices when free trade is back?

Discussion in 'Market Discussion' started by RS_Staker, Dec 28, 2010.

What will happen with gold prices when free trade is back?
  1. Unread #1 - Dec 28, 2010 at 6:18 AM
  2. RS_Staker
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    RS_Staker Newcomer

    What will happen with gold prices when free trade is back?

    It's been 3 years since I last staked, and since real world trading was blocked to most of us. Since these 3 years I've noticed that the gold price changed from 4$ to even $0.60 (selling price). I need to catch up with things and I have a few questions, maybe you guys could help me with.

    Is it hard nowadays to transfer GP?

    Jagex is basically giving up the fight against real world trading now trade limits are being removed, maybe the gold prices will shoot back up because it will be more acceptible to buy GP.

    Do you guys still think it's worthwhile to get back in the game for the excitement of staking and just basically when your in for the real munies?

    What is your opinion on this?


    Kind regards,

    RS_Staker
     
  3. Unread #2 - Dec 28, 2010 at 6:23 AM
  4. Tenko
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    Tenko Grand Master

    What will happen with gold prices when free trade is back?

    It won't go below $1 each.

    I reckon $1 - 2 will the price range. Only because it will be easier to transfer.

    There will more sellers out there, so that will drive the price down as well.
     
  5. Unread #3 - Dec 28, 2010 at 6:31 AM
  6. Styles
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    Styles Active Member
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    What will happen with gold prices when free trade is back?

    It will go well below $1 for the simple reason there will be a ton of supply since anyone can sell and transfer gold in a second. It will be easy and simple to transfer and sell gold, thus the prices will fall like a rock. If I was to guess, .50 a million would not seem unreasonable.
     
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