Shaken gold bulls learn to accept 'new normal'
By GCRU Gold News on Wednesday, November 12 2014, 01:13 - Permalink
Blinking from sweeping reform on price benchmarks, even the most die-hard gold enthusiasts accepted the market's glory days had faded for now, as the bullion industry's annual conference agreed prices would nurse losses over the next year.
"The question is not anymore whether gold prices can rise, but how long they will languish at current levels,"
"The most savvy investors have already moved away from gold at this point, there is not much interest,"
"It is not going to happen this year but gold is going to go back and bottom out at $800 or $900 an ounce,"
Sounds like 1999...