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Tag: price of gold

Truffles Sell For Three Times The Price of Gold

Who ever could have thought that Truffles could be worth so much money, well finally the scrumptious delights have become worth three times the price of gold thanks to a Chinese Writer. While it seems mind boggling that truffles could reach such a high value, the Writer purchased the truffles, eleven in total, for $367,620,…
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Ouch! Gold Hits a 2.5 Year Low

Those who invested in gold back in early 2012 when it was around $1900 an ounce are probably none too pleased to see that gold recently hit a two-and-a-half year low and is now hovering around $1300 an ounce. This may not be the end of the drop, though, since JCK Magazine says some experts…
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Are Bitcoins Ruining the Price of Gold?

You have probably heard at least something about Bitcoins. Bitcoins are a finite, world-wide currency that that were initially used mainly for underground transactions. Their value is simply based on what people are willing to pay for, or trade for them. In their relatively short lifespan they have seen some volatile swings in prices. As…
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All the World's Gold – How Much is it Worth?

Price of Gold On and within the Earth’s crust, there is between 2,500 and 165,000 metric tons of gold, which converts to nearly ten trillion US dollars at 2009 rates. A year’s worth of twenty-four karat gold would fit within a twenty by thirty by eight foot room–unbelievable if you consider the amount of work…
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