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b_b  ·  4242 days ago  ·  link  ·    ·  parent  ·  post: Five reasons for gold’s sudden, violent collapse

    But lost faith in gold is pretty amazing in it's implication, and it's without any precedents.

Nope. Same exact thing happened in the early 80s, and it took a few decades to repeat. When speculators join the fray a bubble happens. If you were using gold to hedge against the inflation fairy, then you deserve to lose your ass in the market. That's how it is and always has been.