Ready, set, go! – a look at gold if the rally starts today
Could it be? Are we finally seeing the markets turn?
If this were the case and history repeats itself, we are in for several years of bliss and gains.
Here is what the next gold bull market could look like:
|Gold Bull Market||Duration (Months)||End Date If Started Now||Total gain (%)|
Historically, the longer the bear market, the longer the bull market that followed it. Considering we are mired in the longest bear market in the history of the BGMI, we are poised to match or better the bull that occurred between 2001 and 2008, where investors experienced 87 months of continual gains which peaked at 532%.
We do not count the current uptick a break-out yet, but we are cautiously optimistic. Hopefully our subscribers have endured and have access to some dry gun powder, because the deal flow is about to ramp-up.
On the same note, we expect this year’s Prospectors & Developers Association of Canada (PDAC) in Toronto to be bustling as both companies and investors alike are ready to start wheeling and dealing. If you are either and would like to meet, the entire Palisade Global team will be flying in and staying the week. Shoot us an email at [email protected].