The last big correction in Gold occurred between March and December 2008 and lasted between 8 and 9 months. At this stage it is still unclear whether the bull market has ended of if it still has legs. My personal belief is that we’ll see a new all-time high in Gold within a year or two. The amount of liquidity, past and future QE form the Fed, current LTRO from the Fed, negative real interest rates persisting in the foreseeable future are only some of ...
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