The Reason Why Gold Collapsed

Posted by Edward Harrison

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I am an affiliate of INO, a website which is geared to individual investors. I haven’t posted much from their site here but I thought their latest video on gold was interesting so I’ll say a few words about it. (disclosure: as an affiliate I receive a fee for referring customers).

Last month I wrote the following about gold:


I have been concerned about the medium-term risk/reward on both sides of this trade. Gold was hitting new highs every day for two weeks as of yesterday. And the ten-year bond, while well off its 2010 low yield of 2.48, still has an unfavourable risk/reward now. James Montier says it best: