I see continuing price appreciation because I think Global Markets/Player are coming to realize the full implications of Trumps " BB BILL " & his Agenda.
Trumps agenda has now done a full 180. Instead of Fiscal Restraint & Savings, Trump has flipped to Grow/Spend the USA out of DEBT.
The Global Markets/Players realize that with the current DEBT/DEFICIT there is absolutely no way that Trump/USA will Deficit Spend it's way out of DEBT. ( Deficit spending is Spending more Debt/Borrowed money. Once Debt is beyond 100% of GDP, Deficit spending becomes a Net Negative on the Economy )
But it's a process to extract urself from the US Dominant Financial System. Eg, if China dumped it's $760 Billion of US treasuries onto the market, it would crash the market & possibly make the $760 Billion Worthless. So a slow sell down & accumulation of other assets is a process.
Gold is the Perfect Gauge to sniff out the Worlds DEBT Bullshit. $350 TRILLION in World DEBT & the USA is 1/3 of that DEBT.
The USA Empire, like ALL those before it, has gone too far, just as ALL Empires do. The USA Empire has already progressed down the well trodden path that ALL those Previous Empires have travelled.
History shows that the fall of an Empire can be Chaotic, but the World will continue on & a new Player will reach out to try for the Mantle of the " New Empire "
To Paraphrase Hemingway :- " How did the Empire Fall ? Gradually at 1'st, then SUDDENLY ".