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Why it's an opportune time to enter the gold sector

Kitco News

(Kitco News) - The uptrend for gold is still intact, said Dr. Nicole Adshed-Bell, director at Cupel Advisory Group.

Earlier this month Adshead-Bell spoke to Kitco at the Deutsche Goldmesse show in Frankfurt, Germany.

"We're no longer at the very beginnings of a bull market," said Adshed-Bell, adding that the easy money has already been made.

"Bull markets have varying degrees of gestation and some of them can be exceptionally long in duration," she said noting 2020 was a "euphoric" year.

"Whenever you have that kind of parabolic equity performance, there will always be a correction. That's a very natural thing, and that's a healthy thing."

Adshead-Bell said inflation and global uncertainty favors gold.

"All of these elements that are circling around the globe are very, very good for gold. I think we'll look back on this year and think that this was an opportune time to enter into the sector."

The resource space is compelling, she added. There aren't too many sectors like the junior resource space that offer similar risk and reward for investors.

"We had fantastic performance in a number of discovery plays in the last year. That was combined with the euphoria of the gold market. It would come in no surprise to anybody we're up between 600 and 2,000%," said Adshead-Bell.

"Those kinds of returns you just don't see in any other sector in that short a timeframe."

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.