Another potential which is ignored by us in this discussion, is...

Another potential which is ignored by us in this discussion, is very aggressive chinese policy to ditch US dollar. China is aggressively persuing its plan to introduce new currency with its allie's and wanna use it in trade around the world. They gonna make sure to receive payment mode in yuan and not in USD. This will significantly impact US dollar value and gold will be flying up to ozone layer. As a result the current geo political tentions in south asia and in south china sea is a beginning of that. (Do not want to mention the names of the country). I could see more n more investors will start investing in gold soon with rising gold value. USD devaluation is on cards as emergence of china is almost there sooner rather then later