Gold just made history, and it’s doing so in the most bullish way possible.
After months of one of the tightest volatility squeezes in years, the coil in Gold futures is finally snapping higher, unleashing a brand-new leg in the secular bull market.
At the same time, the animal spirits are alive and well in the equities. Miners relative to the underlying commodity are hitting fresh multi-year highs.
That’s the type of leadership we expect to see when a powerful uptrend is getting underway.
Moreover, Gold itself just logged eight consecutive monthly gains for the first time ever (our data goes back to 1968).
Not in the 1970s...
Not in the 2000s...
Never.
This is uncharted territory, underscoring the unprecedented global demand for shiny rocks.
Here's the new high score for Gold:
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