The Great Gold Rush of 2024!

In the last 6 weeks, gold has soared to 14 all-time highs. And if analysts are correct, this may be the start of the biggest gold rally in US history with astonishing forecasts of up to…
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Gold has scored to FOURTEEN all-time highs… so far. 

And Barron’s says gold prices are “about to shoot even higher.” 

As you can imagine, folks who bought gold months ago are thrilled.  

And those who buy now may look back in the coming weeks and months and be so glad they acted fast because… 

If the flood of forecasts from some of America’s most credible analysts are correct, we may be on the verge of a massive, historic bull run I’m calling: 
 
“The Great Gold Rush of 2024” 

“The surge in gold prices to unprecedented levels has captured the attention of investors worldwide,” says Nigel Green, chief executive officer at deVere Group. 

And as thousands, or perhaps even millions, of new gold buyers around the globe pile in, the pressure may push gold to astonishing highs. 

The question is… 

How high will gold soar? 

One the low side: 

MarketWatch sources say Citi analysts have raised their sights to $2,400 in the coming months. 

JP Morgan says gold is their top commodities pick for 2024, and analysts are eyeing $2,500… 

And UBS strategist Giovanni Staunovo says his team of analysts just raised their forecast by $250 an ounce to $2,550 after gold blew past their June forecast of $2,300. 

Analysts are raising their forecasts left and right because this is all happening so fast. 

In a note to clients, UBS said Wall Street banks are scrambling to keep up because gold’s rally arrived “faster and more forcefully than our already bullish expectations.” 

Now gold is moving fast and hard… 

And it may be starting to look a lot like earlier gold bull markets in US history: 

Like the bull market in gold from August 1971 to January 1980 after Nixon decoupled the dollar from gold: inflation soared and the price of gold rose from $35 to over $800 for a 2,200% gain… 

Or the gold bull market from August 1999 to August 2011—through the 2000 dot com bust and crash of 2008… when gold rose from $250 an ounce to $1,900 an ounce for a 670% gain… 

Or the current run-up, when gold rose from $1,498 in March 2020 to its all-time high of $2,354.56 per ounce on Tuesday for a 57.18% gain.  

Now, several potential catalysts for another gold bull market are converging at once… 

Economic and geopolitical tensions are rising… 

The government is spending taxpayer money like there’s no tomorrow… 

Fed rate cuts are still looming…… 

The US dollar is losing purchasing power fast… 

And veteran strategist David Rosenberg says it’s time to grab your hammer and pick because gold is headed to $3,000: 

“With an easing cycle on the horizon, global growth weak and looking weaker, and inflation on its last leg of decline, we’re of the view that the tailwinds blowing gold to new highs are about to get a lot stronger,” says Rosenberg. 

That’s the economic fundamental side. 

On the technical side… 

Forbes analyst Andrew Addison is even more bullish: 

According to his analysis, gold may be about to achieve “escape velocity” and “confirms upside projections to at least $3,600–$4,000.”   

And here’s another reason gold may push even higher: 

Global central banks—The World’s Smartest Money… 

With access to buildings full of PhD economists, computers and the most accurate data on the planet… bankers with the ability to buy as many US dollars as they like… are buying gold by the truckload instead.  

And they’re buying it at a rate never seen in 50 years. 

Why are the world’s biggest investors buying so much gold so fast? 

In part because they may be losing confidence in the US dollar. 

They know the Fed’s policies and the US government’s spending habits are eroding the dollar’s purchasing power fast. And they know gold historically tends to rise as the dollar’s purchasing power drops. 

In fact, since the Fed was first established in 1913, the US dollar has lost 99% of its buying power…  

Meanwhile, gold has gained almost 11,109%: 

Bottom line: 

If you don’t own gold or are considering adding more to your holdings, you haven’t missed the boat yet.  

NOW is the time to buy and hold to protect your purchasing power as we head into what may turn out to be the biggest, longest gold bull run in US history. 

And strategist Rosenberg says, “All pullbacks from here should be used to add to positions.” 

Or call 888-529-0399 to schedule a free consultation with an experienced Gold Specialist. There’s no obligation.

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