Gold is going to cost investors a lot of money in the years ahead. here is why
Indian buying has supported the Gold market and price for the past 25 years.
The India Rupee is under severe pressure and Indians are soon going to be unable to afford to buy much gold. Once the downward slump starts expect gold to break 1000 and then fall to 700 where it will rest for a while before bottoming at 500.
Once the fall starts there are several positive reinforcing loops that will come into play excarcerbating the fall.