| The early stage of the interest rate increase cycle is bearish for gold. There are currently no catalysts for gold to rise. The price of gold is likely to continue to fall in 2016.
My thesis was that there is no positive catalyst for gold and that the price would continue to fall. My forecast turned out to be correct as the price of gold fell 12% from $1207 to $1061 since the article was written. I explained in the article how a rising dollar is likely to be bearish for the price of gold...............................................Full Article: Source
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