is the gold bull over?, page-9

"The gold price crashes yet at the same time physical demand soars. "


The price of gold is determined by those who hold it after many years of production and accumulation by investors.

If enough of these investors decide to sell at the same time because the DOW is making new highs, Europe is in a deflationary depression, then the price will undoubtedly fall

It's simple mathematics. Demand can double or triple from last year but even if 1% of the gold in existence hits the market at the same time, selling pressure overwhelms buying pressure

that's what we've seen.

Inflationary expectations are falling in US and Europe. Plus savings are being confiscated, and fears are that this could include gold in the future. The sovereign debt crisis in Europe has abated for the time being, inverse of what we saw in mid 2011 when yields were sky high.

there are genuine negative factors influencing gold as an investment... but don't expect one word of this from all the conspiracy merchants out there.