RE:RE:RE:Imagine Negative Rates In U.S.This happens in times of extreme panic. You go back to 2008 and the markets crashed and gold went down. People were in panic mode and sold everthing without thinking. Then a month later the lights went on and realized what they were doing as the crowd does. It is simular as people going down the river on a boat, and it starts to move faster and they al realize they are heading for a water fall. Most will jump off and try to swim with no luck at all and go over the falls, the ones that did not panic, see a tree with over hanging branches and as the boat passes under this , they grab the brances and climb up the tree.
Everytime this panic happens in the markets, gold will drop until people start to think. In Lebanon, the people have had time to think, they cannot buy gold, but what they have been doing is buying assets that they know will hold value even when their currency sinks and they then can sell later as a source of purchsing power.