“While the big institutions are driven by momentum into gold, they also relied on fears related to inflation and economic uncertainty. However, many have now abandoned these concerns. In reaching its bearish conclusion on gold, Goldman Sachs cited low global inflation, and surging equity markets in the U.S. and Japan as reasons to believe that the bull run in gold had come and gone. However, their conclusions are hasty.”
http://www.europac.net/commentaries/understanding_gold_market_dynamics
Related posts:
Peter Schiff: The Half Full Economy
Bill Bonner: Why the Crowd Is About to Get Destroyed in US Stocks
The UK – In Or Out Of The EU?
War: Still a Racket
This is the Moment
British 'End of Life' Panels Are Bad News for Everyone
Ask James: Should I Be Worried About $16 Trillion In Debt?
Watching the Anti-Freedom Actions of Francois Hollande
What Actually Is or Will Be Obama's Foreign Policies in the Vampire-Empire?
To protect restaurants, D.C. may curb food trucks
Bill Bonner: A Personal Appeal to Barack Obama
Marc Faber: Train Yourself Not To Depend On The Internet & Mobile Phones
Michael Scheuer: U.S. leaders’ fingerprints are on the detonators
Ron Paul: Will the IRS Take Your Passport?
Bill Bonner: Is Ms Yellen making history?
