Gold – “Mother of All Bull Markets Has Only Just Begun” – Grandich

Thursday, August 18, 2016
By Paul Martin

By: GoldCore
GoldSeek.com
Thursday, 18 August 2016

There are many reasons to believe that “the mother of all bull markets has only just begun” for gold.

So believes Peter Grandich, the market analyst dubbed the “Wall Street Whiz Kid” whose track record speaks for itself. He called the Wall Street Crash in 1987 and subsequent sharp stock market recovery, the end of the bull market in stocks in 2000 and the global financial crisis in 2008.

On his website this week he entertainingly and insightfully outlined why he is so positive on gold:

I’m not going to write some long dissertation but rather just highlight some of the reasons I personally believe gold is in the earliest stages of what can turn out to be its biggest bull market ever.

The bullish fundamentals for gold ownership grow almost daily. Again, I could write pages of why, but I will just point out a few key ones:

1 – The severe gold correction literally wiped away every ounce of bullishness. It had come to last one out of the bullish camp, please turn off the lights. While bullishness is off the canvas now, we still see little or no interest in gold overall while its main rival, financial assets, are now in a full bullish blow-off mode. Being a supporter of gold is like being the “Maytag Repairman” when compared to what most investors and professional are loaded to the gills with (financial assets).

The Rest…HERE

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