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Ten years from now, you’ll look back on this day and be amazed at what people were saying. What will be even more amazing is that some people were doing exactly the wrong thing at the right moment. More on that below.
First, the facts. The US Dollar gold price fell another 9.84% in yesterday’s US trading. Its two-day loss of 13% is the biggest in thirty years. And so far this morning, the loss continues. Gold is falling like a stone.