Anyone know why the gold price is falling?

[american.swan]

Is the market value really falling or is the central banks flooding the market with Ron Paul coins ?

[SeanEdwards]

I've heard it said that central banks often try to manipulate gold prices to conceal the weakness of fiat money. I think it's called bombing gold or something.

http://www.zealllc.com/2001/boebomb.htm

[Chester Copperpot]

The short sell it.

[ghemminger]

Pull back into Christmas Gold to 2000 and Dollar to Zero

[American]

Gold is falling?

Shit history says it will always be worth its weight. I should be me some Gold..!

[fj45lvr]

lots of potential reasons that cross each other.

It could be some holdings are taking some profits right now...also could be manipulation by banking interests.

there are many other potentials.

[Brutus]

The price of gold could collapse or go through the roof. There are a couple different ways the Fed and Congress could play this, and either is possible. None of them are good for us, the little people, whose only job is to work so our produce can be stolen, have kids so that they can pay taxes and fight in Uncle Sugar's wars, etc.

[pickdog]

can not disagree with that assessment.

[kylejack]

Temporary fluctuation. By and large, its increasing by leaps and bounds.

[Kingfisher]

Falling? Five years ago it was 350 or so. It never goes straight up. Up a while down a while but, the trend is up. Bull market should last for years.

[Channing]

Is the market value really falling or is the central banks flooding the market with Ron Paul coins ?

The banking elites manipulate the markets to keep the gold price low to avoid people altogether abandoning the fiat money system.

[lucius]

Off to the coin shop...

[Original_Intent]

Everything I have read over the past few weeks has been forecasting a minor correction in december and then up, up and away.

I am considering withdrawing my 401K, take the 20% hit + taxes, and put the rest in precious metals. Man I would love to delay doing it until after the first of the year and take the tax hit for next year, but I am thinking January 2 may be too late.

[mtbomb]

Withdrawing your 401k and taking the penalties is a terrible idea. No one knows for sure what the price of gold will be next year. It has seen a major increase, who knows it could be overbought and due for a correction?

[slantedview]

gold is up again the last few trading days, and will certainly be up again when the fed cuts rates on the 11th.

[fsk]

I'd agree with leaving your money in your 401(k), invested in stocks. Stocks are a good enough inflation hedge for now.

I would only buy gold or silver in a non-retirement account.

When the money supply contracts, the price of gold goes down. When the money supply expands, the price of gold goes up. In the long run, there will be inflation, but you don't know what will happen in any given day or month.