“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:
US Evacuation in Libya Shows Ill Effects of US Interventionism
65 years after historic bus boycott, Louisana finally bans boycotts -- of Israel
John Kerry Steals Wolfowitz’s Iraq Lines for Syria War
War Drums: Trump’s National Security Advisor Threatens Iran
Jacob Hornberger: From Crises Comes Leviathan
Bernanke, Coolidge, and Buchanan: On Timing Your Departure
Everything you need to know about BitCoin
The Secret to Picking Winners in ‘Submerging Markets’
The Surveillance State: How The War On Drugs And The War On Terror Go Hand In Hand
QE3 – Pay Attention If You Are in the Real Estate Market
Edward Snowden vs. the Sovietization of America
Fast-food worker protests help labor unions, not labor
To those who say ‘trust the government’: Remember J. Edgar Hoover’s FBI?
Trade Wars Mean the End of the Bull Market
Short Circuiting The Market