Gold pullback?.............from Rico

The biggest drop in spot Gold since Dec 2008 sends the metal to...week ago levels!
- BFD!!

The current coupla-days of bear raids on Gold (precious metals [read: Silver] are plainly in honour of the Sep options expiry this week [Thursday 8-25] on the COMEX, as well as Benny of the Fed's anticipated Jackson Hole speach [Friday 8-26] regarding the Fed's next steps on currency debasement.

Run! Panic! Flee into the safety of the equities markets, FRN's and government bonds [read: debt, IOU's, counterparty risk writ large].

This happens like clockwork, but it's only 'coincidence' that it is always at COMEX expiry dates.

No, the markets are not 'rigged' so move along now, nothing to see here!
- Go back to sleep now sheeple retail investors....zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz