I think gold is in a very healthy situation!
Demand is driving it at the moment because of the Chinese and Indian bull economies and the growth looks set for at least another 3-5 years maybe more.
I can't remember where I read it or the exact figures but to satisfy the demand for Gold there has to be 7 more major gold projects are year for the next 5 years???then currently planned.
Chinese and Indian economies are heavily pinned to the US economy(China directly India not so directly) so if the US goes into a severe downturn gold will be the sentimental favourite.So either way Gold is very positive in MHO.
Cheers
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