news.goldseek.com >> 29 December 2015

Gold and the Publicís Complacency
By: Richard S. Appel

Markets move in anticipation of events, and gold's is no different. I believe there are two possible scenarios that will act to end gold's decline. First, when the most forward observers and thinkers begin to cautiously accumulate gold. This, after sensing the U.S. and other major economies have begun sustainable economic expansions. Or, deflation takes hold and the important countries sufficiently expand their QE programs to threaten rampant inflation. While neither exists today, let's hope it's the former that prevails!