maandag 6 september 2010

the demand curve for gold

From the Freakonomics blog:

"We’ve had some old unwanted gold jewelry lying around for a long time. With gold at $1,237 per ounce, we figured it was time to sell it. We are a living movement up the supply curve of gold.
The local jeweler who bought the gold says we are hardly unique—but the pattern of supply has been interesting."

To read what the pattern looked like, click no the link above.

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