View full page at forexfactory.com

 

Gold Crashed This Year, And That's Awesome News For The Whole World

From businessinsider.com

The above chart shows the year-over-year change in the price of an ounce in gold. As you can see, this was the first year in over a decade that gold was down for the year. Not only did it fall, but it fell big. Everyone in the world should be happy about this development. There's a few reasons for this: -- The most obvious reason to be happy is one simply of direct observation: Gold crashed because the economy is returning to normal. People no longer feel as though everything is going to collapse. The US is doing okay, the European crisis is over, and there aren't major fears of a hard landing in China. For now ... (full story)

Story Stats

  • Posted:
  • Category: Breaking News