Has the secular bull market in gold ended?

As people gradually realize that gold is neither an insurance policy against the ill-effects of central bank money printing, nor a safe haven with which one can weather a crisis in the financial markets, psychology in gold will fundamentally shift. If, within the next few weeks, gold and silver do not re-take previous support levels with strong price action, we can safely conclude that the current secular bull market is over. The next one may be decades away. In the meantime, financial assets will outperform gold and silver and will be better long term investments.

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