very useful analysis of current pm sentiments, page-5

After having a strong coffee and waking up properly, here is my last attempt at writing this. :)

Actually the guy that wrote the article is incorrect in saying that Gold hasn't broken below the 200 Day Moving Average.

It actually fell through the 200 DMA way back in 2008 during the crash.

It took 8 years from the start of the bull to then to break below it.

Who is to say that it won't take another 8 years to break below the 200 DMA again bringing us to the year 2016??