Monday, June 29, 2015

Gold Tumbles Despite UK Mint Seeing Europeans Rush To Buy Bullion

You want to know why gold bug conspiracy theorists are accurate in alleging the precious metals complex are manipulated (like most markets today)?  Because the basic economic law of supply and demand is violated repeatedly.  When a shortage in a commodity occurs, prices should rise, not plummet.

But another law mandates that price manipulations are never sustainable, and eventually, the rubber band effect will cause prices of gold and silver to skyrocket some time in the future.

http://www.zerohedge.com/news/2015-06-29/gold-tumbles-despite-uk-mint-seeing-europeans-rush-buy-bullion

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