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« Central Bankers Get Tired of Gold as Falling Exports Reduce Cash | Main | The World Is Hurtling Toward A New Global Monetary System »
Monday
Aug292016

Historical Gold Bull Markets

Historically, gold bull markets last years and as you can see in the following chart from Casey Researchwe are still in the very early innings of this one.

Gold has been correcting recently and the question is how much further can it go? During any bull market the long term moving averages act like support (I look at the 50 day and 200 day moving averages). Gold has broken through the 50 day and could fall as far as the 200 day and still be in a perfectly normal bull market. Corrections in long term bull markets happen repeatedly and should be bought.



The next 3 years should be very exciting for gold and silver......

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