You are correct iamtheoracle. The moment the ECB announced last week they would not be printing money Gold started falling. The US have also indicated last night they have no plans to print any more money, at least for the foreseeable future. Inflation through money printing was holding Gold up and now with deflation more likely than inflation Gold is tanking and taking Gold shares along for the ride.
What you can expect to see is lots of conspiracy articles on Hot Copper by some Gold Bulls as they look for reasons other than the market as to why the Gold price is falling.
Add to My Watchlist
What is My Watchlist?