New 50-Year Bull Market For Precious Metals? (Podcast With Avi Gilburt)

By | May 4, 2016

Scalper1 News

Click to enlarge Avi Gilburt is a student of Elliott Wave analysis and has been following gold (NYSEARCA: GLD ), silver (NYSEARCA: SLV ), and other precious metals for years. In this interview, he takes us behind the scenes to better understand Elliott Wave. In addition, Avi gives his argument for why he believes we are near the beginning of a 50-year bull market in precious metals. That means both the metals and miners (NYSEARCA: GDX ). (Click the play button above to hear the podcast.) When I pressed Avi for more details about what he expects a 50-year bull market in the metals to look like, he compared it to the Dow going from ~100 in 1941 to 18,000+ in the past year. Click to enlarge This chart just shows the last 30 years for the Dow, but still helps put Avi’s point in perspective a bit. I hope you enjoy the interview as much as I did. I look forward to your thoughts and comments below. – Brian Disclosure : This article is for information purposes only. Comments made my guests do not necessarily represent the views of Brian or Investor in the Family. There are risks involved with investing including loss of principal. Brian and Investor in the Family makes no explicit or implicit guarantee with respect to performance or the outcome of any investment or projections made. There is no guarantee that the goals of the strategies discussed by Brian and Investor in the Family will be met. Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article. Scalper1 News

Scalper1 News