Gold is falling initially because the USD is stronger against the pound and ecb from the central bank actions
the FED is the biggest offender of QE and low rates, its jut currently that the USD is the less ugliest duck in the pond
however, when the US market opens I expect Gold to be bought heavily, the US are easing a lot and more will come, NO currency is worth holding at the moment, we in a a world a currency debasement and the only other alternative to maintain your purchasing power is with real, hard assets, real money-GOLD
GOLD should and will react positively to this news, I expect >1700 within weeks
