RE:RE:August 11th we'll be laughing at what we paid today..Ok maybe I'm jumpinng the gun a little too early but This so called new term "flash crash" is all psychological proverbial S#!t being made up by the so called analysts. What we have seen in the past 3 months is being brought on by the big banks and is not reflected on the fundamentals of gold per se. What is going on here is that we are on the cusp of a digital currency melt down and the institutions will want to hoard as much the "yellow" as possible. Just take a look at how many different digital coins or assets (if you want to call them that) are currently out there... and you can not diversify a digital portfolio when there is no true intrisic value. However gold is to this day is a rare find but most importantly it is a physical matter that all civilization has admired and wanted for centuries. Ask yourself will BTC be around for centuries? It's just a new technology that will fizzle out in due course (remember when the phone was attached to a wire) Well some day you might be asking yourself remember when you hard earned cash was attched to a digital wallet.
Cheers!! GLTA