[mlocher]

Gold prices are plunging as investors grow more confident about the global economy.

More of the MSM pimping the Obama agenda. A lot of people piled on the gold bandwagon recently. Gold was overbought and the market corrected. The newbies, unsure of their true convictions, bailed, making the sell off worse.

[hinckley buzzard]

Response to yet another increase in margin requirements, leading to liquidation to cover the inevitable margin calls.

Nothing in the macro-economic world to justify this. If the Fed announces on Friday a decision to print more monopoly money, watch gold soar once again as the dollar wilts.