#Gold went up to $1500 & many bullish again. However this is likely just rebound before another - decade - of bear market. As you can see on the historical chart, in past you always saw start decline in yearly production (due to depressed prices) when a bull market started. However, latest numbers of 2018 show gold mined globally still rising rapidly with 10% per year, likely because gold prices still very profitable to mine, so unlikely there will be a shortage of gold the next 5 years as demand only goes up by 2% per year. Oversupply on the other hand becomes more an more likely, and thus new lows as well. #Investing $GLD