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Jeff Clark: When Will Gold Stocks Move? Data Says Downcycle Ending Soon
Jeff Clark of Paydirt Prospector is bullish on gold in 2025, saying US$3,000 per ounce is “easily” in the cards for the yellow metal.
But what about gold stocks? The current gold stock downcycle has now last 4.3 years, which Clark said makes it the second longest ever.
In his view, that suggests it’s due to end soon. “We are in a bull market — now it’s simply a waiting game until the stocks begin to catch up to that,” he said.
❓ Is 2025 the year gold stocks break out? Tell us in the comments!
Courtesy of the Gold Advisor via Investment News Network
Posted January 28, 2025
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