Buy GLD by May 19, 2027.

I’ve been reflecting on the gold market quite a bit lately, and the patterns that are emerging suggest we’re in for a substantial rise over the next 6-18 months. Real interest rates have been climbing, which explains some of the recent pressure on gold prices since it pays no yield. With inflation holding around 3.8 percent and nominal yields elevated, the opportunity cost argument has weighed on the metal in the short run. These conditions look increasingly temporary when viewed …