{"id":26189,"date":"2026-03-04T15:07:21","date_gmt":"2026-03-04T15:07:21","guid":{"rendered":"https:\/\/finderica.com\/?p=26189"},"modified":"2026-03-04T15:07:21","modified_gmt":"2026-03-04T15:07:21","slug":"the-gold-bull-market-is-just-getting-started","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=26189","title":{"rendered":"The Gold Bull Market Is Just Getting Started"},"content":{"rendered":"
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As I mentioned in Saturday\u2019s article, I\u2019m not a gold permabull.<\/p>\n

I\u2019m not the guy who has been saying that gold will go up for the past 30 years and now \u2013 decades later \u2013 is finally right. (And we know there are lots of those guys around.)<\/p>\n

There are several reasons to be bullish on gold right now. One important thing to consider is there are strong global forces pushing it higher, such as the central banks around the world selling dollars and buying gold. I covered this in detail on Saturday.<\/p>\n

But there\u2019s another reason to believe that this gold bull market has legs.<\/p>\n

I came of age career-wise just prior to and during the dot-com boom. Fundamentals went out the window. It didn\u2019t matter if a company had earnings. Heck, investors didn\u2019t even care if it had a product or revenue. As long as it was somehow remotely related to the internet, the stock shot higher.<\/p>\n

I needed a way to make sense of how these stocks were behaving. That\u2019s when I discovered technical analysis, which is the study of charts.<\/p>\n

Let\u2019s take a look at a long-term gold chart.<\/p>\n

When I look at the 50-year chart, something jumps out at me \u2013 and it might surprise you what it is.<\/p>\n

\"Chart:<\/a><\/p>\n

It\u2019s not the strong 150%-plus move gold has made over the past two years (though that\u2019s certainly notable).<\/p>\n

What caught my attention are the very long cycles that gold operates in.<\/p>\n

You can see that starting in the late 1970s, gold failed to achieve a new high for more than 30 years \u2013 from Carter to \u201cDubya,\u201d from Elton John and Kiki Dee to Wyclef Jean and Shakira, and from Happy Days<\/em> to The Sopranos<\/em>.<\/p>\n

At the bottom of that range in 2001, gold began an impressive 10-year climb from $256 to $1,921, an increase of 650%.<\/p>\n

While a 150% move in the past two years is certainly impressive, gold\u2019s long cycles suggest there should be a lot more upside. Even if the current bull market is just half as lucrative as the previous one, we\u2019re looking at $8,500 gold. However, with the world looking for alternatives to the dollar and crypto nowhere near achieving reserve status, I expect gold to go higher than that.<\/p>\n

My prediction: Gold hits $14,000 by 2034<\/strong> \u2013 maybe sooner if momentum accelerates.<\/p>\n

I remain bullish on stocks. You know that I believe dividend growth stocks should be a core part of most investors\u2019 portfolios.<\/p>\n

But we are likely in the early years of a long gold bull market. Having gold exposure will be an important part of growing your wealth and protecting your portfolio over the next several years.<\/p>\n<\/p><\/div>\n