Why We Are at the Start of a Multi-Year Gold Bull Market
Long term indicators show gold is undervalued under the current circumstances and can easily double in price over the coming years.t.co/BLYkMxRbPn pic.twitter.com/boiJKoiH8y
— Jan Nieuwenhuijs (@JanGold_) May 7, 2024
In the tumultuous landscape of today’s economy, gold stands as a beacon of stability and resilience. Despite the prevailing uncertainties, long-term indicators paint a clear picture: we are on the cusp of a multi-year gold bull market.
The evidence is compelling: gold is undervalued under the current circumstances, poised to soar to new heights in the years ahead. A glance at the charts reveals the stark reality of our situation. When adjusted for true inflation, oil prices are at historic lows, presenting an unparalleled opportunity for savvy investors.
Indeed, oil in gold terms is currently trading at levels unseen in history, signaling a prime opportunity for those who dare to seize it. As the world grapples with economic turbulence and geopolitical upheaval, the allure of hard assets has never been greater.
In times of uncertainty, it is imperative to safeguard one’s wealth against the ravages of inflation and market volatility. Gold offers a time-tested hedge against such perils, providing a safe harbor in the storm of economic uncertainty.
This chart puts into perspective how cheap oil prices are when adjusted for true inflation.
Oil in gold terms is currently at one of its most undervalued levels in history.
To reiterate:
None of us own enough hard assets. pic.twitter.com/p9zENpGObj— Otavio (Tavi) Costa (@TaviCosta) May 8, 2024
BREAKING:
Macquarie bank goes cashless this month
Bloody conspiracy theorists right again …
🚨🚨🚨 pic.twitter.com/GD4Sxs83Gq
— Wall Street Silver (@WallStreetSilv) May 8, 2024