How the gold market was crashed

Summary: Gold’s massive decline earlier this month got us thinking a fundamental question – how did all of this happen? Some are speculating that big market players like Goldman Sachs and JP Morgan deliberately crashed the market. Through certain machinations, the price was able to be driven to a point that it initiated a series of automatic, extensive sell-offs. This in turn had a dramatic effect on physical investors, who had to decide whether to “short” gold or take the risk of heavier losses. Read more…