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Surely Gold should be going up?

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Surely Gold should be going up?

Hi James, A big thanks to you and the MM team. So far I have done reasonably well following MM's recommendations. I have a question regarding gold and in particular NCM. With nearly every country busy printing money, in principle, the gold price should be going up but lately, it seems to be drifting the other way. Is it because inflation has not raised its head yet? I invested in NCM last Nov at $29.62 but have to cut the loss at end of Jan as it has dropped >15%. Do you think NCM is a good investment? It seems to be a disappointment all the time. What would be a suitable entry price? Best regards Gregory

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