Today the U.S. Bureau of Labor Statistics released the CPI index report for November. The report showed that inflation remains elevated above 7%, but has declined substantially, coming in at 7.1% year-over-year in November.

EDITORS NOTE: On today's video we will present an interview that was recorded last Friday. It was released today but still offers a comprehensive overview of my take on gold pricing, and inflation.

__________________________

Market technicians unanimously agree that the 200-day moving average is the line in the sand when it comes to technically determining if gold (or any other stock or commodity) is in a long-term bullish or bearish trend.