Gold Track Record

I became bullish on precious metals in 2007 as it became clear that we were in the midst of a secular bull market in commodities and as a way to protect wealth from an increasingly inflationary environment. I recommended buying precious metals to readers in the first quarter of 2007 when gold, priced in US dollars, broke out of a year-long consolidation pattern.

I see precious metals rising for years and years ahead. Part of their rise will be attributed to increasing investor awareness of the sector and the growing interest in safe haven assets which offer protection against inflation. The other part of their rise will be attributed to the fall in the value of fiat currencies, notably the US Dollar and the British Pound Sterling. As these currencies fall in value the prices of assets, including gold, silver and platinum, will automatically rise.