The rumor is already a few days old but I haven’t seen it on here and it’s definitely still pertinent. Think of India’s annual gold demand vaporizing into thin air – even partially.

http://www.zerohedge.com/news/2016-11-24/reason-why-gold-prices-are-plunging

Gold is now $1175 usd in the overnight mkt, with DXY trading flat to negative.

 

This reminds me of the days in the stock market when you get relentless selling (liquidations/margin calls/hedge funds blow up) and its so oversold that you think there HAS to be a bounce soon… But the bounce never shows up.

 

Dont step in front of a speeding train. Still too volatile IMHO.