"The current short term view on gold price is not good. The long term view is pure speculation!"
Hi Bruce.
The way I see it is the other way around.
Short term price of gold is pure specualtion while the long term price direction seems much clearer (chart below).
Of course most of us are much more interested in what the near term POG will be.
That is a log scale.
sp is holding up well., page-43
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