Why hasn't the price of gold been going up?

submitted by trident765 from self.investing

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[–]IkeConn 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (2 children)

Rich people are buying up houses.

[–]Zapped 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (0 children)

Yep. Capital is cheap right now if you're able to tap into it. Might as well trade it for something lasting.

[–]jet199 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (0 children)

Companies too.