Gerardo Del Real,
Editor
May 14, 2025
Gold has pulled back from the $3,500/oz level to just under $3,200 this morning. Is the gold bull over? Was that it? Should we sell?
Interestingly, the last time I saw this type of concern over a pullback in price was in the Bitcoin space. After touching the $100K mark, it pulled back to below $80K… where people were panicking and asking the exact same questions.
I’m no Bitcoin expert… but we have one in-house, Mr. Chris Curl, and he has called every pullback perfectly. So much so that, as a contrarian, I invited him to my house to walk me through how to buy Bitcoin, set up a wallet, and take advantage of the volatility.
I assumed it would be completely above my paygrade but, surprisingly enough, even my simple self understood it in under 15 minutes.
Chris has put together a presentation showing just how simple it is. You should check that out.
Anyhow, I bring that up because a lot of the same reasons Chris outlined as to why Bitcoin would continue its ascent are the same reasons gold will continue its trek higher as well.
Is the US debt going down? No, it’s going up.
Did we find trillions of dollars in waste and fraud through DOGE to help ease the deficit? No, we did not.
Are we increasing taxes to bring in more revenue? No, we’re cutting them for the rich and for corporations but we’re cutting social services to help offset that.
Are economies around the world uniting to combat unsuitable debt levels by cooperating with each other and limiting unnecessary wars? No to that as well.
You see, the reason gold went up isn’t because of tariffs… although that did highlight the fragile state of our economy.
Gold went up because our spending is on an unsustainable path; one we are choosing to not even try and correct.
So gold is doing what gold has done for over 5,000 years. It’s acting as a store of wealth in turbulent times.
It won’t go straight up. Nothing does. But the upward trend is clear.
Nick Hodge and I have put together a thorough presentation on the many reasons gold will continue higher and how we’re positioning to make the most of this historic gold bull market.
Check that out here.
Let’s get it!
Gerardo Del Real
Editor, Daily Profit Cycle