Why It Isn’t Too Late to Buy Gold

-Contributing Editor Doug Hornig
-If you don’t recognize the name, Doug is a good friend and was the editor of Paydirt, who helped take the book to the next level after my first draft. You can read about him in the acknowledgements, including my absolute favorite novel of his. He’s been in the precious metals industry since dinosaurs stopped roaming the earth and has a wealth of knowledge to share with us, starting with a question some investors have asked. -Jeff Clark, TheGoldAdvisor.com
Off the top, I’d like to thank Jeff for giving me the wonderful opportunity to directly communicate with current and prospective followers of TheGoldAdvisor.com. I expect to be doing so on a regular basis, and aim to be both informative and entertaining.
Now to business.
In order to determine why it isn’t too late to buy gold, we need to consider why many people might be inclined to think that it is too late.
First and foremost, gold has been on an explosive bull run, as you can see in the chart below. After being essentially flat for the first 3½ years of the 2020s—with strong resistance at $2,000/oz.—it took off for higher ground
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