Peter Grandich Returns--Gold Decline Is Technical Not Physical

Peter Grandich says that everyone is down on gold and this could be the final down leg down. While timing is always tricky, the near universal bearish sentiment could be the best indicator that the triple bottom will be the final bottom for the yellow metal. While retail investment demand for the gold is near non-existent, there's still plenty of jewelry demand and it might not take much to get it going higher again. Remember, the black swans are still circling.