Gold Is Dropping Like A Stone. How Come?

"$4 billion dollar paper dump",reference, on market? where did you get this figure? asking cause I sort want to know ins and out the in the weeds stuff, any you tuber or good source reference other than basic new media. Was this cause of option expiring, some one place large futures contact or something way more insider?

Looks like it's time to buy. Nothing else is on sale these days.

On any given day there are hundreds of pieces of data that can be blamed for the rise or drop in gold.  You can wait a week and the exact same piece of data will be blamed for the move in price in the exact opposite direction.


Tops are only clear in hindsight and that top in Aug 2020 sure looks like one. Lots of panic and media hype and a nice cover story.

 
I think the market is wrestling with 2 massive forces. COVID is a massive worldwide deflationary event.  And it has triggered an equally(?) massive money printing response.  I think COVID is winning.  All that economic output, all that consumption skipped or postponed,  all those people that have passed.  None of this will be replaced any time soon, hence the massive stimulus.  I don't think you could ever print enough to make everyone whole again.