Something very interesting is happening in the bullion markets currently. There is a discrepancy between the demand for “paper” gold versus the demand for physical gold. Over the course of the last few months gold has consistently moved lower. The price action has been weak, and finally we saw a break through technical support in the $1550 area. The move down to the $1350’s was quick and happened in just a couple of days. A $200 drop is by no means ordinary.
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