The forces always end up being equal, at least in a "free" market they are. There is always a buyer that wants to buy, thereby creating demand, and another seller that equally wants to sell, providing supply.

Supply and demand always balances in a free market and the price is what causes it to balance and entice people to be either buyers or sellers.

But someone always owns it. If I also am considering buying it (or selling it), knowing who the buyers and why they are buying (or selling) is pertinent information. Then I just have to decide which group has the better reasons for ownership or lack thereof. In other words, "who is right".

But the point is there is never a time when "everyone is getting rid of gold". It just does not happen, unless the gold is going in the dumpster and being thrown away. If someone is selling, there is always someone buying. Which one is right in their price assessment?

John