I listed 13 reasons here the other day why gold will decline, and challenged any goldbug to list reasons why gold will rise.
So far there's 2:
A bank might fail.
A black swan event
lol
There's no interest in gold, the GDX, GDXJ and HUI are all very close to multi-year lows, the GDXJ is a hair's-breadth from its lowest low ever.
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- "The GLD Gold Vault is Being Drained"
"The GLD Gold Vault is Being Drained", page-88
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