Melt up in metals overdue: Can the downtrend be broken?

After close to 4 yearsof persistent downtrend, can precious metals be ready to stabilize, wipe out the shorts and acheive price stability? A difficult question indeed. It is hard to believe that with the addition of 2.5 billion consumers on the world stage (China & India) that demand should be so muted. This situation will not last forever. The question is when the world wide cash grab ends. The ever mounting debt overhang is forcing sales of anything at any price to service the monetized printed money obligations. The mines in South Africa are giving away metal at bargain basement levels, yet metals are rising in non-dollar currencies. Money has disappeared from every corner, the oil patch, mining and now stocks are de-valuing. Hard to know when fresh capital will return to commodities. No doubt the printing presses will be working overtime. It is not surprising that gold has held value.