Northgold AB’s Post

News article by Barrons (8 December 2023): Gold Prices Are Near Record Highs. They May Keep Climbing for the Next 10 Years. “Gold has always been a hit or miss investment—usually more miss than hit. So I can’t believe what I’m about to say: It’s time to buy gold for the long run.” “There are periods where gold can outperform for years even. It gained 56.3% annualized from August 1976 through September 1980, when the S&P 500 rose 10.8-a period of hyperinflation. It also rose 20.6% annualized from March 2001 through August 2011, when the S&P 500 advanced just 2.4%, outperforming when the tech bubble burst and the financial crisis unfolded.” “There are signs emerging that a similar period of outperformance is now taking shape. Take the relationship between gold and U.S. Treasury yields….” Read the full article here: https://lnkd.in/dvdnAHFr #goldnews #goldprice #gold #bullmarket #goldinvestment #goldstocks #goldexploration #finland #northgold #NG #nasdaqfirstnorth #sweden #norway #germany #switzerland #uk #france #europe #hongkong