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The price of gold continues to plummet leaving investors and analysts asking why -- The Federal Reserve continues to print money the dollar stronger for China's economy is slowing and tensions over North Korea's nuclear threat of the world on -- And now the price of gold selling out.
Can I capital management's -- connect but blames the shift in commodities.
I think you're seeing rotation and those assets it's an asset allocation -- people -- rotating out of commodities and into equities and that's what is putting pressure on the commodities including gold.
And David -- -- from Cumberland advisors -- Europe.
They're doing it because of the sales in Europe site -- being forced to disgorge.
Billions in gold.
People say okay side first then Slovenia may be the Greeks we could have Central Bank coordinated selling out of gold.
That's -- depress the price I'm gonna sell now.
Gold continues to sink to its weakest levels in two years we are keeping a close eye and another commodity oil price of oil hit a multi month low today.
And you can expect to see it impact at the pump over the next few weeks.
Tune into Fox Business as we watch all of the commodities all the time I'm Tracy Byrnes in New York.
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