| Since the start of the year we have been expecting the gold price to fall. What we were not expecting was the speed and aggressiveness of the decline in the gold price. Gold had its largest one-day fall in its history, and so far attempts at recovery have been fairly moderate. What does this tell us, and where have all the gold bugs gone?
We have talked about the fundamental reasons to sell gold in the past: we are in a low inflation environment and since gold is a traditional inflation hedge, if inflation is low, why do you need gold?..............................................Full Article: Source
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