Many explanations may be offered for the drop in price but we continue to submit two that are worth repeating.
*The bullion bankers wants gold around $1300.00 or less.
*Investors and speculators know gold will eventually rebound heavily but right now they don’t want to be left holding the hot potato for short term losses.
If gold is good enough for central bankers and governments to keep hoarding, it should be good enough for the average investor. Having insurance is never a bad thing especially when being under the yoke of a fiat currency.
Gold Goliath is not your typical gold dealer.