Bottom here?, page-222

That sounds like a bold and confident call there.  You might be right of course.   Does hotcopper have a remind-me-bot?

Here are some possibilities where POG goes up, and good miners obviously much more.

1. Short term: US stock market looks fragile, it drops briefly. US govt cannot afford/allow it (pensions, tax profits, etc). Then the US govt instructs Fed will have to revert to QE. USD will drop.
2. Medium term: US-T bond yields rising, if GDP does not rise with it, then US economy is obviously weak, so USD drops.
3. Medium term: Western supply of physical (bullion stocks) depletes or cannot keep up with eastern demand. Gold ETF sales, etc. The end game seems near.
4. Medium term: the US cannot win a trade war. No one does. Inflation will speed up. Trump risks losing voters. USD must be pushed down.
5. Medium term: Global de-dollarisation. Including increasing trade volume of oil and physical gold not using the COMEX.  US debt matters. USD drops.

6. Medium+long term: US Fed QT is already triggering inflation. Cost of money/debt increases, corporate expenses rise, then prices. With lack of growth and aging population this means stagflation, for decades. Ask Greenspan.  Very low or negative real rates.  Fund managers need yield.
7. Black swan event.  US democrats gain power and start wars - again, etc, etc.  They happen. Maybe not good for miners, but usually good for gold.

What if 2 or more of these things happen?   Now does look very much like a buy-the-blood situation.  Quite rare in any human life time. Time will tell, as always. I've been waiting and I'm loving these recent POG smack downs. Bring on a POG double low, or go lower.

I bought more RSG today. Great company. I'm happy for it to go lower.