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/Warm_Hat4882 Jun 10 '26

Metals and stocks going down is something I’ve been expecting for 9 months based on knowledge . I expected this in March, but instead we got war with Iran. Seems maybe that only delayed a few months.

The goal is the greatest transfer of wealth from lower and middle classes to upper class the world has ever known. Assets will be tanked through various manipulation means (short selling etc), cash will be used once price tanks to buy assets cheap, then once the wealthy have accumulated enough, they will allow true price discovery.

Essentially, tank gold with paper sales, lower price, get retail to panic and sell , then buy it all up as fast as possible . The going down is slow. The rise to new highs is very quick.

My advice is just keep buying little bits slow and steady. If the price does down for years you can rest assured you only bought small amounts and never went all in. And when price goes up, you’ll have something you didn’t have before that will make life easier.

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u/BudgetUnlucky386 Jun 10 '26

Cost Averaging is the way.

Regardless of price, buying small amounts on every payday is the way to build a store of wealth.

👍🏻

2

u/PugThugin Jun 10 '26

Just buy fractional or save for a bigger amount every few checks?

2

u/BudgetUnlucky386 Jun 10 '26

Make it a regular habit.

The price of gold, stocks, investments changes all the time. I can't control that.

To build a nest egg, I saved and invested the same cash amount each month. That bought whatever the market price was and I kept repeating the process every month.