Why gold could rise for the next 10 years
“The second part of our forecast in 1981 said that according to our very long-term cycle study, that bear market would be followed by a 30-year rise in gold. We even said we had no idea what would cause it, but the cycles said it should happen. If the forecast I made in 1981 still holds true, gold could have a continued secular bull market until 2030. That means the gold bull market could have about 11 more years to go. Historically, the final phase of a bull market is the most spectacular.”
USAGOLD note: Dohmen’s conclusions are worth noting in that he called the twenty-year bear market for gold that began in 1981 and ended in 2001.
Repost from 4-23-2019