Gold price in stock market crash

The Trading Deck features opinions on trading and investing written by market professionals, not staff journalists. Nigam Arora is an engineer, nuclear physicist, author, and entrepreneur and the founder of two Inc.

He is also the developer of the ZYX Change Method to profit from change by investing. The premise is that most money is made by predicting change before the crowd.

Arora is the chief investment officer at The Arora Report and the editor of four newsletters that track the ZYX Change Method. Nigam can be reached at Nigam TheAroraReport. If you have been puzzled about the crash in gold prices after Donald Trump's election, you are in the company of almost every analyst and media outlet in the western world. Gold and silver are a major part of the research at The Arora Report. A combination of our proven precious metal algorithms, extensive resources and knowledge of the emerging markets led us to alert subscribers to The Arora Report early that gold was about to crash and the reason behind it.

Immediately after the election, the net position of The Arora Report in gold, silver and miners has been short as part of a sophisticated strategy.

This annotated chart tells the story of the real reason behind the gold crash. But then, as the chart shows, Trump buying was met by Modi selling.

Modi selling finally overtook Trump buying. A subsequent budding rally attempt failed as interest rates rose and the dollar strengthened. After reviewing the chart, you may justifiably ask: The Arora Report maintains extensive resources in India as India is often the biggest source for demand of physical gold. Let us understand the background and positioning of big players in gold before discussing how Modi killed the gold rally.

Similar headlines were appearing all across major media. All of the media was relying on a call by Georgette Boele, an ABN Amro precious metals analyst. The ABM Amro call was so popular that, subsequently, many media outlets republished the old news with slight refreshes.

As time went on leading to Election Day, it became a universal consensus that gold would jump dramatically if Trump were elected. As my longtime readers know, over the years my investment calls have often gone against the prevailing wisdom, and typically the crowd catches up later.

India, not Trump, is the real reason behind the crash in gold prices - MarketWatch

Over the years I have learned not to ignore or easily dismiss the conclusions from the algorithms. None were to be found. To understand heavy selling from India on Modi's move, one has to understand the underground economy in India that runs on black money.

The most common method to convert black money into white money over the past 50 years has been to slowly buy gold by paying cash using large bills. Converting black money into white money has been a major source of demand for physical gold. Now that large bills used to buy gold are worthless, demand for physical gold will decline.

There are serious implications for gold and silver, of not only what Modi has done but also of what Modi is about to do next. Please stay tuned for my next column on the subject. Subscribers to The Arora Report may have positions in the securities mentioned in this article reviewed daily at The Arora Report, and subscribers may receive additional information in real time not available to the readers of this article.

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Real-time last sale data for U.

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My MarketWatch Watchlist Alerts Games Log In. Home Trading Deck Commodities. India, not Trump, is the real reason behind the crash in gold prices. The chart This annotated chart tells the story of the real reason behind the gold crash.

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