More explanationFor those of us who are mystified by the drop in Gold when every intuitive sense is saying it
should be soaring.....this a massive liquidity crunch and everything must be sold in order
to satsfy margin calls. ETF redemptions and large insitutions who are over leveraged in their
in their hedging and derivative markets are on the hook. I hold TGZ and rarely post but felt compelled to at this point in time.
Again, everything must be sold to raise cash and get onside. That means gold as well. There
may also be selling of gold to keep it down simply to send a message that things are not out
of control. Gold is after all. a reflection of disaster and it wouldn't look good for the powers in
charge to allow it to suddenly spike a few hundred dollars. Not to worry though. Gold will come
back and so will TGZ.