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Like the proverbial frog that does not notice the rise in water temperature until it’s too late, investors seem to be experiencing a similarly stealthy rise in inflation . . . .

China produced 453.5 tons of gold in 2016, a 0.76 percent rise from 2015 which sees the country confirmed as the largest gold producer in the world for the tenth consecutive year . . . .

The question of the hour is whether the 2016 gains were merely a countertrend rally following a four-and-a-half-year decline from all-time highs in 2011, or the beginning of a new leg in the secular bull market that began in 1999 . . . .

Historically, there is an inverse relationship between a U.S. president’s approval rating and gold prices, pointed out HSBC . . . .

Will the Trump Presidency be positive for gold, or not?  On balance, it could well be as Trump is a known believer in the place of gold in the global monetary system . . . .

The price of gold has risen by over 3% in 2017. This already equates to three quarters of its total return from 2016, which shows just how strong its performance has been in the first handful of trading sessions in 2017 . . . .

SHARPS PIXLEY FORECASTS 2017 . . . .

In 2016, investors around the world returned in large numbers to the gold market, as a combination of macroeconomic drivers and pent up demand kept interest in gold high . . . .

Right now, gold is still caught in a trading range, but with a long-term bias toward exploding higher over the next few years to at least $5,000 an ounce . . . .

No wonder the gold price has been surging given all the uncertainties surrounding the almost-here Trump Presidency.  Nine days and counting until The Donald assumes office . . . .