Gold prices have tumbled 16% since last summer and, more recently, suffered a “death cross” leading many investors to question whether or not gold’s bubble has popped.
If you’re not familiar with the term, a death cross is what it’s called when the 50-day moving average of the price of a traded instrument – in this case gold – crosses the 200-day moving average from above.
I disagree.
I think that the 16% drop since last September is simply based on a…
Keep on reading: Gold Prices: Making Sense of the “Death Cross”