Thread: Gold, eh?
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Justan Olphat Justan Olphat is offline
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Default Gold, eh?

On 7/27/2015 7:49 AM, Keyser Söze wrote:
Snerk.

A chart of the crashing price of gold looks like a wedding ring rolling
off a table. Gold futures for June delivery closed at $1,361 an ounce on
the Comex in New York today, a drop of more than $200 in two sessions.
Gold’s fall of 13 percent since April 11 was the biggest two-session
decline since 1980.

Why is gold plunging? The most important factor is that global inflation
is falling, reducing gold’s value as a hedge against rising prices. Gold
bugs who were betting on an outburst of inflation are scrambling to
reverse their bets and exit their gold positions at any price.

http://tinyurl.com/p7p3sre


Didn't you used to brag about keeping a sock full of gold in your floor
safe?

--

Respectfully submitted by Justan

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I've been "born again" as a nice guy."