Gold Just Getting Started and Has Way More Room to Run
Read Why Gold's Bull Run is Far From Over.
The Golden Age of Investing: Why Gold's Bull Run is Far From Over
As we stand at the precipice of economic uncertainty, one asset class continues to shine brighter than ever: gold. Since 1971, when the gold standard was abandoned, this precious metal has proven time and again to be a beacon of stability in turbulent times. The current bull market in gold, while impressive, is merely the opening act of what promises to be a spectacular performance.
History speaks volumes about gold's potential. Over the past five decades, we've witnessed seven remarkable bull markets in gold, each lasting an average of 199 weeks and delivering a staggering 250% return. The longest of these runs stretched an incredible 445 weeks, with prices surging 294%. Even more astounding was the 1970s bull market, which, in just 177 weeks, saw gold prices skyrocket by an unprecedented 701%.
Today, we find ourselves 105 weeks into the current bull market, with a 64% return thus far. While this may seem impressive at first glance, it pales in comparison to historical standards. We're not even at the halfway point of an average bull run, and returns are lagging well behind the mean. This isn't a sign of weakness; it's an indicator of the immense potential that lies ahead.
The writing is on the wall: gold has much more room to run. As global tensions rise, inflation persists, and faith in traditional currencies wavers, gold stands as a timeless store of value. Its limited supply and universal appeal make it the ultimate hedge against economic instability.
Investors who recognize this opportunity now stand to reap substantial rewards. The current bull market in gold isn't just another cycle; it's the beginning of a new golden age in investing. Those who hesitate may find themselves left behind in what could be one of the most significant wealth-creation events of our time.
The message is clear: the time to act is now. As history unfolds before our eyes, gold beckons as the surest path to preserving and growing wealth in an increasingly uncertain world.
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West Red Lake Gold: The Golden Runway
Now that we've established a compelling case for why the Gold rally is just beginning, it’s time to consider how to gain leverage through physical gold with West Red Lake Gold. Be sure to listen to our colleague Gwen Preston as she unveils their latest exciting developments.