Why an analyst sees the record-setting gold rally headed for a 38% crash in coming years

Getty; BI

• Record-high gold prices could see a steep correction in the coming years, according to one analyst.
• There are long-term trends that could push bullion back to $1,820, Morningstar's Jon Mills says.
• That implies a 38% decline for the metal from current levels.

Gold has become a surprise winner of the Trump trade as investors seek shelter amid the policy chaos, but there are longer-term trends that threaten to drag the metal back down to earth.

Jon...