OK. So what do you think it means...the drop in gold?
Probably the same thing it meant in the early 80's, when the Aden Sisters and Howard Ruff were predicting $10,000 an ounce.
Deflation.
Actual Deflation.
The only price inflation (food, housing, etc.) isn't due to free-market economics.
It's due to artificial shortages, caused by government policies.
Plus, the economies of most countries in the world, are much worse off than the US. Which can seem hard to believe; but it's true.
And it's going to get worse. The pendulum, unfortunately, is swinging toward Socialism.
It means... more sellers than buyers.
China has had a huge real estate and stock market bubble going. It’s just now beginning to collapse.
Assuming their market operates anything like ours, investors on margin will be forced to sell assets.