“The angst people have about gold, you would think it was down 20% on the year instead of up. For the last twelve years while gold has been increasing in price, people have been uncomfortable and there has been a lot of talk about the bull market being over.
“With the exception of a few brief periods, when gold did what it was supposed to exactly when everyone thought it should, people have been uncomfortable owning it. I think that’s the definition of a bull market. ..."