Gold has broken out this year into ATH if we look back over the years for gold and zoom right out then we can see long accumulations of around 15 to 20 years followed up by bull markets of around 10 years.
With everything going on around the world, with central banks buying back gold, the rich gaining huge sums of money during COVID which they are buying assets and just the general money printing that has been happening it looks like now is time for GOLD and other commodities like SILVER and BTC to rise over the next few years.
I don't hold or trade gold as I like the huge upside of the crypto markets but if I had huge sums of money to would 100% be putting 15% allocation into gold for the next few years.
With everything going on around the world, with central banks buying back gold, the rich gaining huge sums of money during COVID which they are buying assets and just the general money printing that has been happening it looks like now is time for GOLD and other commodities like SILVER and BTC to rise over the next few years.
I don't hold or trade gold as I like the huge upside of the crypto markets but if I had huge sums of money to would 100% be putting 15% allocation into gold for the next few years.