Maybe it’s no coincidence gold’s massive selloff is taking place on the same day...
Maybe it’s no coincidence gold’s massive selloff is taking place on the same day U.S. tax returns are due, Marketfield's Michael Shaoul surmises, pointing to the need to raise cash to pay substantial capital gains due at tax filing. If sellers waited until the last day, it might have sparked selling pressure to plunge through key support at $1520; at that point, "a substantial wave of panicky selling was always likely to take place."
From other sites
Video at CNBC.com (Tue, 5:45AM)
Video at CNBC.com (Fri, 6:25PM)
Video at CNBC.com (Thu, 1:05PM)
Video at CNBC.com (Jul 23, 2015)
Video at CNBC.com (Jul 21, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs