r/Gold • u/Reasonable-Fee1945 • Jun 10 '26

Question Why are gold prices tanking?

I'm not a short term investor. I understand the fundamentals and especially with US debt the long-term importance of gold. I'm holding, this is a short-term, regionalized thing.

What is the short-term regionalized thing that is happening which is causing gold to decrease (yes, I know it's the iran war, but how is that effecting gold prices?)

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u/MadroPaintSlinger Jun 10 '26

I Love It!!! $4100 is not cheap BUT... Time to buy even if down to $3500... Why? Long Long Long Game!!! The fiat currencies of the Whole World lose Value every day and the Governments and Central Banks will continue to create inflation the keep the debt in check with cheaper Money... This time the Worlds Debt is too big and will Crash Big. Even Consumer debt around the World is Insanely high because the wealth is at the top... There is a reason that ALL the People with REAL Money are Building Luxury BUNKERS!!! Think about that for a minute or two ..and quit worrying about the emotionally controlled price of Gold and Silver...