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Gold & Silver: The Greatest Bull Market Has Begun
Gold & Silver: The Greatest Bull Market Has Begun
Jordan Roy-Byrne, CMT, MFTA
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A ONCE IN A LIFETIME INVESTMENT OPPORTUNITY From the Foreward" Initially, some ten years ago, I argued that the stock market was in a cyclical bull market within a secular bear that could not end until Gold made a final run, similar to 1976 to 1980. While I was correct that the precious metals sector was at a major low, my larger framework was wrong. In writing the second edition of this book in 2019, I correctly argued that the stock market was in a secular bull market and the best historical comparison for precious metals was the early 1960s. As 2025 beckons, the reality is clear. Gold’s breakout out of its 13-year cup-and-handle pattern, coupled with the new secular bear market in Bonds, undoubtedly signals the beginning of a new secular bull market in precious metals and hard assets. However, it will only be confirmed and begin in earnest once the secular bull market in stocks and conventional [...]assets ends.
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