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Major gold bull markets are rare, but some investors are betting one is here

From cnbc.com

Gold has been on fire this year and some investors think the precious metal is poised to do something it has only done twice since World War II: enter a major bull market. The metal is trading above $1,400 per ounce for the first time since 2013 and is up more than 12% year to date. That also represents a rally of more than 35% since breaking below $1,100 per ounce in late 2015. In its strictest sense, a bull market is considered to be a gain of more than 20% from the most recent low. But pops like the one that just occurred aren’t considered a genuine bull market by most investors but rather just a cyclical upswing. ... (full story)

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  • Category: Fundamental Analysis