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Was just thinking about it. I think these wild changes are due to the incredible trading speed we have today. Half of gold is just paper gold, very fast to trade. i.e gold trades like Bitcoin basically. So we might really an explosive rotation to Bitcoin. It's really technically possible.
You reckon the Fed's assurance to not change course ended the unusual demand for precious metals right after FOMC day? It'd be nothing new anymore, of course, but it's still scary how much power to distort global markets this small group of banksters has.