SII: HARD ASSETS - GOLD MINER BULL TRENDS SINCE 1942 - SOMETHING IS HAPPENING HERE?
The start of something big?
Gold miners bull trends since 1942
Source: Incrementum; ‘In Gold We Trust Report’
- Gold mining shares entered a new bull market in January 2016 when gold turned.
- The bull move has seen a 180% rise from the trough in the Gold Bugs Index.
- Even the shortest bull trend lasted a year longer than the present one has, and the lowest return was over 200% from the trough.
- Could the trend unfold slowly as in 1960–1968, or end with a powerful parabolic move as in 1971–1974