Gold Could Double If This Bullish Cycle Acts Like Past Ones

President & Co-Founder at Peak Prosperity • Oct 7, 2024 at 5:04 PM EDT

Gold has been one of the best performing assets in 2024 so far. It's up over 27% since the start of the year and recently hit a record high.

Gold, Bars, Wealth, Finance, Gold Bars, Deposit

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Gold has been one of the best performing assets in 2024 so far.

It's up over 27% since the start of the year and recently hit a record high.

And with the central banks of the worlds largest economies -- the US, China and the EU -- now all cutting interest rates, will that add further fuel to gold's breakout?

For answers to all things gold, silver and the companies that mine them, we're fortunate to speak with Brien Lundin, CEO of Jefferson Financial, publisher of GoldNewsleter.com and producer of the excellent New Orleans Investment Conference.

Brien thinks that, if this current gold bull cycle acts like previous ones in history, that should bring the price of gold eventually up to $6,000/oz (or higher).

Video Length: 01:25:25

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Disclosure:

Thoughtful Money LLC is in the application process to be a Registered Investment Advisor Solicitor. We produce educational content geared for the individual investor. It’s important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such. We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor in good standing with the Financial Industry Regulatory Authority (FINRA) who can develop & implement a personalized financial plan based on a customer’s unique goals, needs & risk tolerance. IMPORTANT NOTE: There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. A security’s or a firm’s past investment performance is not a guarantee or predictor of future investment performance.

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