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<p>[QUOTE="desertgem, post: 896206, member: 15199"]But it all comes down to that at any time if gold decreases in price, there are more sellers than buyers at that level. If it increases, it is the reverse. As the situation tends to look worse, I expect to see fewer big time buyers. Sure the small player says they will buy more when the price drops, but it appears few do. Some people may be scared of the financial problems ahead, but most instead of buying gold, doesn't buy much of anything. That is why short term possibilities of Inflation are getting lower.</p><p><br /></p><p>It is my opinion that the upsurge of gold was large players buying physical gold to be able to sell it back to small timers. Notice how at the peak, all of the commentators were stressing ~ buy gold , the only safe play. Someone realized a profit and it wasn't any small players. I do hope they bought some protection to cover the loses they have sustained since their purchases. If people have to sell stocks to stop loss, as they have monetary needs, they will sell gold also. IMO.[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 896206, member: 15199"]But it all comes down to that at any time if gold decreases in price, there are more sellers than buyers at that level. If it increases, it is the reverse. As the situation tends to look worse, I expect to see fewer big time buyers. Sure the small player says they will buy more when the price drops, but it appears few do. Some people may be scared of the financial problems ahead, but most instead of buying gold, doesn't buy much of anything. That is why short term possibilities of Inflation are getting lower. It is my opinion that the upsurge of gold was large players buying physical gold to be able to sell it back to small timers. Notice how at the peak, all of the commentators were stressing ~ buy gold , the only safe play. Someone realized a profit and it wasn't any small players. I do hope they bought some protection to cover the loses they have sustained since their purchases. If people have to sell stocks to stop loss, as they have monetary needs, they will sell gold also. IMO.[/QUOTE]
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