Gold - Conceptual Buying Stops
If Gold used to drop more than US$ 200/ounce, everybody rush to buy the metal and accumulate it. Yesterday it happened, but no one is tempting to buy it. Every body is in doubtful position, why? What is the reason for this? Meanwhile, everyone started even to sell it more and more. Now the reason is that, we expect the more to fall. The best reason is that Federal Reserve of United States stopped buying Bonds . When it'as stopped it, the amount which is going to pump in the world market shrinks. Money which is pumped in the world market creates demand in the market. The money which is pumped is considered to be US$ 200 - 300 billion Dollars and if it get transferred to 10 different people/institution, it will be considered to create demand of USD$ 2000 - 3000 Billion Dollars. These money will be moved more to the stock market, commodity market and some will be used to buy manufactured goods. Gold, Silver , Crude oil and other metal prices increased to the maximum. The other r...