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The gold and silver bull market is not over

Commentaries & Views

CPM discusses the economic and gold and silver fundamental factors that suggest that the weaker gold and silver prices since their peaks in early August 2020 do not represent the end of the bull market and the beginning of a cyclical bear market. Instead, CPM concludes after reviewing real economic trends, inflation, interest rates, currency markets, equities, and the metals themselves, the current sideways movements in prices appear more likely to be consolidation phases between a first leg upward from 2016 to 2020 for gold and from 2019 to 2020 for silver, and a second leg most likely to commence sometime after 2022… just as CPM has been projecting since before 2010.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.