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U.S. Treasury tightening up ...

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https://www.marketwatch.com/story/how-some-investors-knew-gold-was-about-to-slide-2019-11-07

The price of gold in U.S. dollars per troy ounce has been falling.

This is a sign that the U.S. Treasury is tightening up the money supply by printing less currency, raising reserve requirements for banks and brokerages and gaining more control over foreign counterfeiting of U.S. currency.

The fed is also (apparently) raising interest rates, placing a higher premium on money now rather than money in the future. This stimulates a shift away from debt toward equity, and causes the price of gold to fall as it is traded for other goods that tend to come into short supply when money becomes tight.

People had been counting sheep in their dreams and came short on the day of reckoning.

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