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I'm sure some of us have seen the Monty Python episode where the pet shop owner is desperately trying to convince a customer that the dead bird in the cage is in fact alive, and coming up with one laughable reason after another!
This reminds me of the remaining wild gold bulls still trying to convince folks that the gold bull is alive and well when gold had its run rising for 10 consecutive years and has been in a bear market since late 2011.
We are now in a serious gold bear market, which has clearly been confirmed by silver crashing from US$50 to as low as US$14.10 imo.
When will the next gold bull start?
It's anyone's guess.
Who knows, all we may have is short term bullish runs within a secular bear market and we may not get our next true bull market in gold for another 20 years???
