Here's a recent quote from Fred Hickey of The High-Tech Strategist:
"Including this year [as of 2 September], gold has risen in 14 of the past 17 years at a 9.4% compound annual rate, far surpassing returns from stocks.
That's why I still contend we're in a long, secular bull market (driven by the central bank madness) and that the 2013-20155 decline was simply a sharp correction phase, not unlike the 1974-1976 cyclical bear period for gold in the 1970s secular bull market.
That's why I also believe that we've now begun the second phase of the secular bull with the most spectacular gains in price still ahead of us."
Reproduction, in whole or in part, is authorized as long as it includes a link back to the original source.
Nick Laird Chartist / Member of the Goldbroker.com Editorial Team
I opened Sharelynx.com up in 1998 and have spent the last 16 years making charts and collating data. I have been saving, storing and collecting all facets on gold for the last 3 decades and have built up a huge collection. I'm a one man show doing all the hosting webpage design and installation plus chart creation and databasing. I also supply charts and datafeeds to a number of other gold themed websites. In the late 1990's I was very active on the Kitco Gold Forum and then later on the LongWave forums. Since mid 2005 I have pulled away from any public interaction with forums and now spend all my time collecting and collating data and making charts and new webpages.