Cashing Out: How Basel III and High Rates Triggered the Great Selloff in Gold Pr

Looking at the stock market charts, investors are probably wondering why gold has been plummeting so hard recently. With the world turbulent, geopolitics stormy, and inflation not fully defeated, one would think the ultimate "safe-haven asset" should be growing or at least standing still right now. Instead, gold is diving, dragging silver, platinum, and palladium down with it.

Many may write this move off as investor panic or a strengthening dollar, but I have been watching this for a long time and have come to some very interesting conclusions. Of course, I could be wrong — financial markets are full of surprises. But dry logic and the timing of events point to an elegant mechanism at work that large banks are in no hurry to advertise. To understand what is happening, we need to look behind the scenes of the global banking system.

Dollar Weakens on Strength in Stocks and Lower Bond Yields

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To understand why gold is being sold so aggressively right now, we need to remember why it was bought so actively over the last few years.

Any bank operates by simple rules. It takes mon

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/commodities/articles/cashing-basel-iii-high-rates-193506752.html)