Why The Gold Rally Is Set To Run

July 10, 2019

A confluence of factors is leading to a rally in gold prices that could last for several years.

It’s all systems go for gold investors.

The bullion market is stirring from a multiyear slumber and looks set to enter a sustained rally, experts say. Double-digit increases within the next 18 months may be only the start of the price surge.

“[W]e believe there is a very good chance that this marks the beginning of a new gold bull market,” says gold market veteran Joe Foster, portfolio manager for the VanEck International Investors Gold Fund. Foster says the run is “likely to last several years.” 

Full article via The Street here

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Mark O'Byrne is executive and research director of www.GoldCore.com which he founded in 2003. GoldCore have become one of the leading gold brokers in the world and have over 4,000 clients in over 40 countries and with over $200 million in assets under management and storage.We offer mass affluent, HNW, UHNW and institutional investors including family offices, gold, silver, platinum and palladium bullion in London, Zurich, Singapore, Hong Kong, Dubai and Perth. 

With gold stolen by Conquistador Francisco Pizarro from the Inca Empire in 1532, Spain financed its conquest of Europe.