gold is a very volatile market, which I would think reflects greed and fear. Its just that now in golds sideways declining market the fearful and greedy people are about 55/45, as opposed to maybe 70/30 in a bull market and 30/70 in a bear market. It gold was devoid of either it would simply sit there at the same price with no liquidity.
Gold just fell off a cliff..., page-580
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