Broad risk flight; gold eyes worst two days since 1983

Broad risk flight; gold eyes worst two days since 1983

(from Reuters:)

“Gold, which dropped 5 percent on Friday, sunk nearly 8 percent more on Monday, sliding deeper into bear territory. The precious metal’s spot price fell over $30 in a matter of minutes at one point, breaching support at $1,400 per ounce.”

What they don’t tell you is that gold (and other,) “certificates”, (IOW paper like Calvi Hitler bonds,) are being dumped, while banks “can not find enough metal” to satisfy demand, is that not a quite interesting case here ?, “double double toils and trouble … and cauldron ‘bubble.'”

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