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Old 07-07-2013, 05:37 PM   #596
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Join Date: Aug 2005
Location: Denver
Posts: 13,861

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Gold and conspiracy junkies go hand in hand. The plunge in gold prices is no mystery.

It's not the FEDS, it's the the idiot gold bugs, the doom and gloom crowd dumping gold as fast as they can, now that 'investors' are taking their profits.

Why is gold plunging? The most important factor is that global inflation is falling, reducing gold’s value as a hedge against rising prices. Gold bugs who were betting on an outburst of inflation are scrambling to reverse their bets and exit their gold positions at any price.
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