Why gold is down

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Gold crashes because…

There is always a reason in the media when big things happen.

The market is up a lot one day because QE is failing so there is more to come. The next day the market is up because QE is succeeding so the economy is better.

I remember a company I ran whose share price had rocketed and we knew exactly why it had suddenly jumped. Of all the stories and rumours that consequentially flew about not one was even close to true. What was more interesting was that no one would believe the real reason when told.

Of course maths says that things like gold’s crash can be simply random. It probably isn’t and to find out what I think it is, you will need to read my premium blog.

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