Gold is dropping hard, the price fell 4% to as low as $1,088.05 an ounce in Asian trade, the lowest since March 2010.
It is being blamed on China:
http://www.businessinsider.com/gold-price-flash-crash-caused-by-five-tonnes-of-chinese-bullion-2015-7
Everyone seems to like to blame China for everything
. I'm still going to stick with bitcoin. In the long run bitcoin will far succeed gold.