Taking the hard way out

EvergreenGavekal/David Hay

photo of gold bullion bars“Gold is the ‘third rail’ of money management. It’s been in the penalty box for so long that an investment advisor can get fired for even mentioning it. However, gold has recently broken out from a long basing period. The wind now appears to be at its back after six years of slogging.”

USAGOLD note:  The author is right to point out that the metal is often marginalized in mainstream financial circles these days (though a number of top money managers have endorsed it, including some of the most successful). That marginalization, he goes on to show “sets the stage for a significant paradigm shift over the next decade” – a position he shares with a number of analysts at this point in time. A lengthy analysis, but worth the time particularly for first-timers.


Repost from 12-30-2019

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