Gold News

Gold's 3-stage bull market

The easy money has been made, but the big money is still on the table...

has already been and gone in this three-stage bull market in gold.

   That was Stage One, where smart money sought out investments that could be bought for their intrinsic value or less. Those investors were the first to recognize the undervalued opportunity, and were willing to blaze the early trial.

   We are now in the latter stages of Stage Two of the bull market in gold, which is the longest phase, characterized by some institutional buying and increased investment demand.

   Stage Two will see increased volatility in the Spot Gold Market and also gold mining shares, with consolidation at a higher Gold Price.

   Stage Three is the "blow off" stage, where the speculative mania propels gold and mining shares up to dizzying heights. This is the shortest phase, and it's where the "BIG" money is still to be made.

   This final, third stage will begin when gold ceases to be a commodity and is thought of as money or currency. With the current rate of currency debasement, political uncertainty, and international terrorism, we are closing in on Stage Three.

   Physical Gold Bullion and gold mining shares are the investment opportunity of a lifetime, in short. If you do not have gold and gold mining shares as a hedge or as an investment, do take a look at, where you can also contact me direct.

   Remember, the "easy" money in the gold has been made, but the "BIG" money is still on the table.

Paul M. Airasian is founder and editor of He has researched and evaluated gold exploration and mining companies as an investor and investment advisor for over twenty-five years. He is an independent consultant on precious metals investments.

See the full archive of Paul M. Airasian articles.

Please Note: All articles published here are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it. Please review our Terms & Conditions for accessing Gold News.

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