sudden drop, page-23

That's the point, people wont go and buy these things, so for now inflation is well in check and gold gets sold off. It's doing what it's supposed to do. When inflation comes in the picture again gold will be the first to take off. People are now betting on a new bull market in stocks, they are wrong, but sentiment can drive the market much higher. Here's the thing tho, when the rally peters out, set your shorts on equities using long gold as collateral and just love it. The bear low will be breached. The short play should be lovely, also note the short ban on financials is lifted at the end of May. I'd love to short MQG, ANZ, and so on. This IS fun. :)