The problem with gold has been the Gold Promoters who have made up sophistry to sell their product convincing so many people to lose everything they invest. While the hate mail has started again claiming I am “bashing the gold bugs” as if this were a sport for no reason, it sadly illustrates that some people will always go down with the ship because they are married to a concept and are unwilling to see the world for what it truly might be – complex and dynamic which defies their idea of what is money.

The Associated Press says: Investors are running out of reasons to own gold. The AP is a wholesale news agency so their story runs around the world in numerous newspapers. The AP summed it rather well:

The dollar has rallied in recent months, diminishing the allure of holding gold. The u.s. economy has been on firmer footing, and tumult in China's markets and Greece's debt crisis have failed to restore the metal's appeal as a haven from global turmoil.

It is a shame they some just cannot see that gold had to decline and the dollar had to rise because of the fundamental unsound structure of the Euro and that this is just one piece of the puzzle as to how the world economy shifts from the West as it dies under the theories of Marxist socialism and moves to Asia for 2032. This is also deflation caused

So as politicians try to force minimum wages higher, companies turn to robots and it becomes a deflationary spiral. Robots replace manual labor eliminating pensions and healthcare costs which have become the largest part of many business costs. Starbucks spends more on healthcare costs than on coffee to resell. This is all part of DEFLATION measured not simply in prices, but is the decline of disposable income since prices will rise with cost-push inflation rather than demand-inflation that marks a boom. Far too many people remain ignorant of how things work and cannot see beyond a single dimension which has a single definition.