Barry Ritholtz and his thoughts on the gold price correction

In early January 2014, Barry Ritholtz published a piece in Bloomberg and elsewhere titled "10 reasons the gold bugs lost their shirts". An interesting read, it has provoked admiration and outrage in certain circles. In this piece, ABC Bullion Chief Economist Jordan Eliseo offers his thoughts on the article, analysing each of the reasons Ritholtz highlights, as well as why it doesn't change his bullish outlook for precious metal prices in the coming years