We recommend initiating a short COMEX gold position

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Gold Sell-Off Biggest in 30 Years

Gold was diving 9.5%, reaching at its lowest level since February 2011 on Monday.

What Happened The Last Time We Saw Gold Drop Like This?

Why is gold plunging? The most important factor is that global inflation is falling, reducing gold’s value as a hedge against rising prices.

Did Goldman Sachs release a note encouraging clients to short gold right after receiving the Fed’s FOMC leak information, due to the leak itself?