Golds historical drawdowns
1980
-65%
29 months
2011
-45%
51 months
1975
-45%
20 months
2008
-34%
7 months
2006
-23%
5 months
2022
-22%
6.5 months
2020
-20%
7 months
Current so far (2026)
-30%
5 months
u/Then_Marionberry_259 — 4 days ago
1980
-65%
29 months
2011
-45%
51 months
1975
-45%
20 months
2008
-34%
7 months
2006
-23%
5 months
2022
-22%
6.5 months
2020
-20%
7 months
Current so far (2026)
-30%
5 months
Do you think URA a good buy & hold for 4-6 years? What price levels would you consider a good buying opportunity?
Where do you think gold is now? In a healthy mid-cycle correction like 2006/2008 before the 2011 top, or are we in a multi year top like 1980 & 2011, and heading for a long bear market? Share your thoughts.
I'm calling it. Gold will hit $7.5k by 2028. It will bottom between now and August. How do I know? I'm from the future, took a time machine to let you guys know.