In the depth of a bear market in gold prices, back in 2001, a bull market in gold was born. Gold bullion traded for about $300.00 an ounce in late 2011, early 2002, and yours truly became a staunch advocate of gold at that time.
Since the beginning of the bull market in gold, weve seen an often repeated pattern: gold bullion prices advance sharply, profit taking comes in, the weak hands (as I call them) dump their gold as the price for bullion falls, prices bottom out, and the bull market continues. This pattern has been repeated for 11 years now.
Since the beginning of the bull market in gold, weve seen an often repeated pattern: gold bullion prices advance sharply, profit taking comes in, the weak hands (as I call them) dump their gold as the price for bullion falls, prices bottom out, and the bull market continues. This pattern has been repeated for 11 years now.