The $GOLD rally that never ends?
In february 2024, gold broke out of a long resistance level, and have since gained 87% in around a year and a half.
I was in late on this trend, and decided to go with Gold mining stocks instead $GDX (VanEck Vectors Gold Miners ETF) , $SILVER and $PLATINUM, which have performed extremely well this year.
To me, this historically rally (only the third since 1971), is not one you want to fight or bet against.
Gold is one of the highest conviction plays of our time, and signals above all else the growing distrust in the US dollar and their growing debt problem.
It's way for especially European and Asias countries, do reduce risk and connection to the dollar.
As a result Central Banks are hoarding gold like never before, and interestingly this also plays into them adding $BTC (another hard asset if you will), into their balance sheets, along with a higher and higher percentage of traditional finance.
I obviously don't know when this will end, but fighting against this trade is not the right move in my opinion.
Keep in mind that commodities have been sleeping and underperforming stocks for a very long time. Now they're finally looking to wake up, and once this old beast starts moving, it is hard to stop.
A longer term trend could be unfolding.
Onwards & Upwards,
Martin
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Not investment advice, do your own research. Past results is not a reliable indicator for future returns.... Show More
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Mon Dec 08 2025 06:56:54 GMT+0000 (Coordinated Universal Time)
