Check Out Gold’s Quiet Bull Market

The comments below are an edited and abridged synopsis of an article by John Rubino

Gold just set a couple of records, but you’d never know it from the relatively modest level of investor enthusiasm.

Check Out Gold’s Quiet Bull Market - BullionBuzz - Nick's Top Six
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The metal’s March 31 price of $2,008 was its highest-ever monthly and quarterly close. That’s admittedly below the all-time daily close of $2,069. But still, record highs deserve some respect.

Rubino discusses why there is a lack of enthusiasm; the recent bank run that sparked a rush to safety; why central banks are now both net gold buyers and ‘strong hands’; investor enthusiasm, though muted, is coming around; and the required caveat:

“It’s fun to contemplate a huge precious metals bull market, but no one really knows the future. So even if you love what you’ve just read, you’re better off sticking with a strategy of gradually adding to positions. Slow and steady wins the race.”

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