first majestic silver

Gold Could Rise 900% As Central Banks Go NUCLEAR During The Next Crisis

June 13, 2016

While CNBC and other media outlets continue to hype stocks and talk down gold, the precious metal is crushing virtually every US-based asset class.

Year to date, gold is up over 20%, compared to nearly 5% for US Treasuries and a mere 2.55% for stocks.

This outperformance is nothing new. Since 2000 gold has returned 340%...nearly twice US Treasuries’ return of 186% and exponentially higher that the S&P500’s 42% return.

And this is including gold’s 40% correction from 2011 to today.

Speaking of which, gold is now breaking out against the US Dollar, the Yen, and the Euro in the last year or so. This has many asking whether the next leg up has begun for gold’s major bull market.

During gold’s last major bull market in the ‘70s, the precious metal advanced via two major legs.

During the first leg, from 1970 to 1974, gold rose 550%. It then corrected 50% before beginning its next leg up.

However, it was the SECOND move higher than was the BIG one= a 900% increase in value.

Using this as a proxy, during the next leg up in the gold bull market today, gold could hit $10,000 per ounce. A 900% advance from current levels puts us around $10,800.

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Graham Summers is Chief Market Strategist for Phoenix Capital Research, an independent investment research firm based in the Washington DC-metro area with clients in 56 countries around the world.

Graham’s clients include over 20,000 retail investors as well as strategists at some of the largest financial institutions in the world (Morgan Stanley, Merrill Lynch, Royal Bank of Scotland, UBS, and Raymond James to name a few). His views on business and investing has been featured in RollingStone magazine, The New York Post, CNN Money, Crain’s New York Business, the National Review, Thomson Reuters, the Glenn Beck Show and more.


The first use of gold as money occurred around 700 B.C., when Lydian merchants (western Turkey) produced the first coins
Top 5 Best Gold IRA Companies

Gold Eagle twitter                Like Gold Eagle on Facebook