Gold reached $1800 USD ounce. If your theory about money supply was true.
Why has gold fallen to $1380 or 23%?
When effect stimulus on the USD reaches its peak, the effect on the gold price also reaches a peak and the gold price falls. This is what we are experiencing now.
The stimulus is at the point where it has peaked and the driving force behind gold has been removed.
rms 14.5 cents fair value, page-60
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