Gold’s price should rise dramatically vs. bubble assets in the coming years if a “post-bubble” macro develops after the risk portrayed in the first chart above plays out.
Now that we have covered the potential for multi-year investable opportunities, the next question is what to do during those years the [S&P] market will decline?
Gold has had a good year. Currently up 34.2% in 2024, if it holds it would be the best year since 1979, the year gold took off into the stratosphere, gaining 134.8%.
Trend is bullish for gold and silver and copper. Rapid rise in conflict escalation between Israel and Islamic nations will ensure the continuity of bullish trend today and in October.