Gold & Silver remain in a correction. Recent price action and the history of selloffs before the first rate hike suggest more downside. However, history suggests a major bottom is quite possible this spring as well as a rebound in the metals for the bulk of 2022.
Gold has not been in a real bull market yet because it has not outperformed the stock market. Gold should break out of its cup and handle pattern in 12-18 months and that mark the 4th breakout in the last 50 years, and trigger significant upside beyond a few years.
Video Length: 00:13:44
Disclaimer: TheDailyGold.com and TheDailyGold Premium are not investment advice. The website, email newsletter and premium ...
Disclaimer: TheDailyGold.com and TheDailyGold Premium are not investment advice. The website, email newsletter and premium newsletter are intended only for informational, educational and research purposes only.
The information, facts, figures, data and analysis included in our publications are believed to be accurate, reliable and credible but nothing has been independently verified for its certainty. Also, facts, figures and data can change at any moment, thereby affecting past analysis and conclusions. The newsletter and website are not tailored to anyone’s financial situation and therefore do not, nor could they; take into account the needs, objectives and financial situation of its readers and subscribers. Readers are strongly encouraged to consult with a qualified financial advisor before making any financial decisions.