Today was the largest distribution of gold in years, due largely to disappointment in the Fed's reduction of interest rates and distribution by large funds. Wow! The price of gold is down more than $85 from its most recent high just two days ago. What a great day to own the DZZ ETF. Unfortunately for me, I wasn't among them. Fortunately, some traders are predicting that the USD will rise, and gold will continue to sell off, perhaps to as low as $800/ounce. If so, I'll take advantage of the turmoil.
