Gold at $3,000 an Oz

Gold seems to have now found a new floor within this month - this time it is $3,000 an Oz. 

We have been following Gold, since it was $2,100 an Oz two years ago and we can see that the psycological level of $3,000 has been breached successfully.

Nevertheless, Gold is still cheap currently, when compared historically as Gold prices were much higher in 1970s and even in 2000s when Dollars and other fiat currencies had more value. 

Gold has found a floor at $2,900 per Oz even with High Bond Yields

Gold is becoming a killer asset. 

I've never made such a bullish statement on Gold in atleast the last 10 years, until today, and have always been cautious in last 10 years as Gold went through some real challenging phase after 2013 upto 2019 and then again from mid-2021 to late-2022. 

However now I can say, we are at the cusp of a Precious Metals Super Bull Cycle.

• US debt is out of control
• Developed economies in deep services inflation 
• Global stock bubbles like the AI Bubble etc. 

While as a Gold investor I'm actually very HAPPY to see all this. 

All this global indebtedness, equity stock market bubbles like the AI bubble and the resulting chaos is very good for Gold.

Gold loves chaos.