RE:PG's SP5 years of QE, and no inflation, the economy is mildly improving, but nothing like they said it would when they started it. Alot of things in play for the POG to rise, or fall depends they way they decide to spin it.
I see seasonal trend in our favour now, exhausted selling, large physical buy from china, and continued QE, many say it can't be stopped now, bond yields will go bonkers, and too much of a debt to raise interest rates, many say they're hogtied.