The golden bull market is quietly approaching.

Take a look at this gold, it has really made a difference this year, with prices soaring by more than $540 to date, marking a historical first.

The dollar's increase is astonishing.

But do you know?

Despite such a big movement, many investors haven't really noticed, let alone added some mining stocks to their investment baskets.

It's like setting off firecrackers during the Chinese New Year, with the outside world bustling, while someone at home is so engrossed in watching TV!

Mr. Schiff has been posting several times on social media, fearing that everyone will miss out on the golden feast.

He said that the rise in gold this year is even more fierce than in 2007, when it rose by 32%.

Advertisement

Looking at the current situation, surpassing that number is a foregone conclusion.

Interest rate cuts boost gold's luster.

Speaking of the aggressive rise in gold, the Federal Reserve is indispensable.

Do you remember last Wednesday?

The Fed waved its hand and cut interest rates by 50 basis points, a first in more than four years.

With this rate cut, gold has been like a shot in the arm, soaring upwards.

Mr. Schiff said that this rate cut not only failed to warm up the economy but may also make inflation more severe and recession more ferocious.

But our gold loves such an environment, the more chaotic, the more valuable it becomes.

Mining stocks, opportunities and risks coexist.

However, gold mining stocks are not so calm.

As soon as the gold price corrects slightly, they panic and sell off.

Mr. Schiff said that when the gold price rises by $40, mining stocks only rise by 2%, but when the gold price corrects by $5, mining stocks lose half of their gains.

It's like riding a roller coaster, which is too much for the heart to bear!

But on the other hand, this is also an opportunity, it depends on whether you dare to seize it.

High debt, devaluation of the dollar.

Let's talk about the U.S. debt, which is like a balloon, getting bigger and bigger.

It has now soared to over 30 trillion dollars, which is dizzying to look at.

The Fed is still cutting interest rates, which is obviously diluting the debt.

Mr. Schiff said that as a result, the dollar is going to devalue.

But our gold likes the devaluation of the dollar because it is a safe-haven asset itself.

Inflation is coming, gold is the protector.

Mr. Schiff also said that inflation is a big problem.

The Fed's interest rate cuts and quantitative easing are all adding fuel to the fire of inflation.

When that time comes, prices will soar, and our wallets will suffer.

But if you have gold in hand?

That's different, gold can preserve value.

So, we must be prepared in advance and start preparing some gold.

In summary, the golden age has arrived.

Old friends, look at the situation in the gold market, it is simply very good.

Mr. Schiff's predictions are becoming more and more accurate.

Let's not hesitate and seize this opportunity.

After all, gold has been our old friend since ancient times and is a good thing.

Now is the time for it to shine, we must grasp it well!