In an October 2 Barchart article, Does the Selloff in Gold Mark the End of the Bull Market for the Precious Metal, I concluded: I remain a scale-down buyer, adding to long positions. While inflation remains elevated, the geopolitical landscape will likely cause the central bank to pause over the coming months as the economy faces many potential recessionary factors. Over the past weeks, the mining stocks have told us to expect higher highs in the precious metal that is the ultimate hard currency.