Why You Need Exposure to Gold

Do you have exposure to gold?

Early last month, the precious metal broke to new all-time highs, rising above $2,000 for the first time in history. What’s truly striking, however, is that even after such a massive move, gold’s subsequent correction was relatively shallow. Indeed, it looks increasingly as if it has put in a base and is ready for its next leg higher.

altText

If history is any guide, we’re just getting started here.

During the gold bull market in the 1970s, gold rose 585% during its first leg up from 1970 to 1975. It then corrected roughly 50% before beginning its next leg up. However, it was the SECOND move higher that was the BIG one. The price went up by a whopping 740%.

altText

This time around, we’re following a similar pattern. Gold first rallied about 630% from 2003-2011. It then corrected about 43% before bottoming in 2015 at $1,060. If it follows a similar second leg up this time around, it’s going to approximately $8,000 per ounce before it peaks.

altText

Literal fortunes will be made by this bull market. And if you don’t have exposure to it, you need to start doing so.

Best Regards,

Graham Summers
Editor, Money & Crisis

You May Also Be Interested In:

Graham Summers

Editor Graham Summers has spent the last 15 years building a reputation as one of the most sought after and highly respected investment strategists on the planet. His work has been read and quoted by former Presidential advisors, award-winning institutional analysts, U.S. Senators, and more. He’s one of the few analysts on the planet to...

View More By Graham Summers