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IPFS News Link • Gold and Silver

Is This The Real Driver Of Gold's Recent Weakness?

•, by Tyler Durden

If you are a precious metals investor then you may be wondering why the price of gold and silver has been slammed in recent weeks... amid ever-increasing nuclear armageddon rhetoric, storms, quakes, floods, and a central bank (that is notoriously bad at forecasting) about to attempt to do something with its balance sheet thathas never been achieved...

The answer is surprisingly simple... China's Golden Week Holiday.

As's Mac Slavo wrote a year ago, and appears to be proved correct once again... Ask the expert pundits on financial media and you'll get a swath of explanations for how the strength of the dollar or the improving health of the global economy are to blame.