Must Watch: 7 minutes on Why Gold, Why Now, Why Stacked

The next 5 to 10 years will be good ones

The next 5 to 10 years will be good ones for Gold

Why Nick Colas Is Bullish On Gold

Who is Nick Colas?

To us, he is a data genius. We subscribe to his daily data posts and share that info with you all when pertinent.. This is pertinent.

The discussion includes the process behind how he values the yellow metal, its relationship to equities, and why he’s bullish. Frankly, it is delightful to hear this guy is a stacker.

***Bonus. Goldman pushes back on Hartnett in an indepth analysis on “Why AI is not a bubble” at bottom***

Transcript at bottom

Gold: Paid College Tuition

Nick Colas, the founder of DataTrek Research, is now voicing his bullish stance on gold. He draws upon his family's history, where his father considered gold a long-term store of value. In the 1960s, his family arrived in America post the Cuban revolution with only $200 in hand. His father started acquiring gold coins on European business trips when the price was between $35 to $37 an ounce. However, everything changed in 1971 when President Nixon removed the U.S. dollar from the gold standard, leading to a significant increase in gold prices. The Gold his father stacked paid Nick’s tuition.

Gold's Rise Amidst Inflation

During the late 1970s, inflation became a prominent investment theme, causing gold prices to surge. By 1980, gold had skyrocketed from $35 to $600 an ounce.