I thought that I was King Midas

[MataroPete]

@Divitias

why is gold dropping. Can’t seem to find any reason

Wendy addressed this very topic yesterday right here on this board:

Control Panel: Gold bubble popped?

The price of gold has been through 3 bubbles which burst since the U.S. went off the gold standard. Though the price took years to surpass the earlier peak it never fell back to the pre-bubble level. [image] https://www.wsj.com/finance/commodities-futures/war-and-inflation-are-supposed-to-be-golds-friends-not-this-time-3d21ebcd?mod=hp_lead_pos3 War and Inflation Are Supposed to Be Gold’s Friends. Not This Time. Investors would have been better off in microcap stocks than in the oldest sour…

Specifically, read the section entitled, “War and Inflation Are Supposed to Be Gold’s Friends. Not This Time.”

Pete