This is no surprise, a lot of gold buyers are either fed up with the 5 year price action, left gold for crypto currencies, or are optimistic about Trump and no longer feel the need to buy gold. Let me know what you think. Also if you liked this, please up-vote the post.
http://www.mining.com/web/u-s-mints-1st-half-sales-american-eagle-gold-coins-weakest-since-2007/?utm_source=digest-en-mining-170630&utm_medium=email&utm_campaign=digest
Not much to add to your reasons as they are spot on. Precious metal prices are being held down by banks and the government and it is frustrating to most of us that stack them.