Why gold is down

Share On Facebook
share on Linkedin
Print

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.

Subscribe to Clem’s Premium Newsletter: Value Investing – How To Get Rich Slow.

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Leave A Reply

 
Do you want to write for our Newspaper? Get in touch: newspaper@advfn.com

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210920 06:09:28