Its Over, page-21868

  1. 21,717 Posts.
    lightbulb Created with Sketch. 2015
    Gold has been on a historic run, but what happens once rate cuts start?


    ..learn from history, these past precedents provides us the confidence that a major gold bull market rally is ahead when the Fed finally pivots. What we're seeing now is just an entree.

    Historically speaking, gold has seen some of its best rallies during the 24 months after the last Fed rate hike.

    In 2018-2020, the yellow metal surged by almost 50% and in 2006-2008 it rallied 55%.

    In this Fed rate hike cycle, it seems like the last rate hike was in July 2023

    Since then, gold has rallied by whopping ~21% in 7 months.

    History says that more upside is coming for gold.

    https://x.com/KobeissiLetter/status/1791520887318995070
 
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