Dial Into This Historical Pattern to Time Gold’s Next Big Breakout

[Inside Wall Street with Nomi Prins]( Dial Into This Historical Pattern to Time Gold’s Next Big Breakout By Clint Brewer, Analyst, Inside Wall Street with Nomi Prins For all the things tilted in gold’s favor, it sure seems like prices should be exploding higher by now. Just look at everything that’s unfolded in the past 24 months. The highest inflation in four decades… A geopolitical crisis following Russia’s invasion of Ukraine… A coordinated effort among foreign nations to destabilize the dollar… A banking crisis that resulted in the second, third, and fourth largest bank failures in U.S. history… And a federal government deficit topping $1.6 trillion this year. That sent federal government debt levels past $33 trillion. Many investors see gold as a safe haven asset and store of value. So any one of those catalysts should be enough to get the price of gold moving. Let alone all of them happening at the same time. But look at the price of gold. It hasn’t gone anywhere. And not just over the past few years, but pretty much for over a decade. After hitting $1,875 per ounce in 2012, gold trades just 7% higher today. It’s also roughly at the same level as three years ago. But that doesn’t mean gold has shed its reputation as a fortress during times of uncertainty. It’s just a matter of timing gold’s surge higher. That means you need a way of spotting when gold could be starting one of its big runs and knowing when it’s time to sit out. The good news is, there’s a pattern that has predicted many of gold’s biggest runs over the past five decades. Today, I’ll show you what it is, and why it’s pointing to a major breakout for gold. Recommended Link [U.S. Government Secretly Preparing for World War III]( [image]( Please take a moment to [click here and see this official congressional report…]( Because it proves our government is secretly preparing for World War III… Which could help trigger the biggest financial crisis in America’s history. In fact… A former VP of a major investment bank has just warned that millions of unprepared Americans could be wiped out. [Click here to see the details and learn how to prepare.]( -- Gold’s Boom & Bust Cycles Gold prices have a way of frustrating bullion bulls. That’s because, historically, gold prices have a habit of going nowhere sometimes… and for a long time. Even during gold’s epic run in the 1970s, prices spent a large chunk of time going nowhere. In fact, after hitting a top in 1974, gold prices pulled back 44%. They wouldn’t make a new high for almost four more years. That happened right in the middle of gold’s 1,344% gain during that decade. Take a look… [Chart] Imagine dumping gold after it went nowhere for four years, then missing out on one of its biggest runs ever. Something similar happened in the lead-up to 2008’s financial meltdown that nearly took down the global economy. After a five-year decline that saw gold prices drop 37%, gold suddenly recovered to go on a 500% run. Again, that “do nothing” period gave way to a huge rally that lasted into 2011. And today, there are plenty of catalysts in place to drive gold higher. It’s a matter of watching for signs that gold prices are about to take off. That’s why you should dial into the gold pattern I mentioned. Recommended Link [Shame on Wall Street!]( [image]( Shame on Wall Street! They’ve collected an estimated $17 billion in payouts from a unique investment Brad Thomas calls “Amazon’s secret royalty program…” But they never told you. In fact, you won’t find it listed anywhere on Amazon’s website… Because this is not endorsed by Amazon at all. Yet, by exploiting an IRS loophole (buried on page 1,794 of the U.S. tax code)… A small group of regular Americans have discovered how to collect consistent payouts from opportunities like this. “Started from a zero balance... Just hit $1,200 a month in [royalties].” – Neil P. “Increased my [royalties] to over $30,000 last year.” – Tom K. “Increased my [royalties] from about $2,000 to $60,000…” – Elaine T. If you want to participate, click the button below for details. The next payout deadline is scheduled for as soon as December 10th. [HURRY: Learn How YOU Can Collect the Next Payout as soon as December 10th.]( *Verified review. Past performance does not guarantee future results. -- Timing Gold’s Biggest Gains When trying to time when gold prices will rally, take a careful look at one chart and you will notice a pattern. I’m talking about gold’s monthly price chart, which you can see below. These are closing gold prices every month going back to 1970… [Chart] You’ll also notice I included a momentum signal in the bottom panel (orange line). It’s called the relative strength index, or RSI. The RSI measures price momentum. It looks at how recent prices are closing relative to a historical range. If the price stays near the high end of its recent range, it tells us there’s a strong uptrend. This is where that gold pattern comes in. Gold can experience powerful moves when the monthly RSI goes above 60. In fact, of all the times gold saw a monthly gain of 5% or more, the RSI was above 60 on about two-thirds of those moves going back to 1970. As you might expect with that stat, some of the strongest uptrends were marked by an RSI rising and staying above 60. It happened in 1977, 2002, and again in 2009. Recommended Link [“You need at least $100 of this asset – and it’s NOT gold” – Dr. Nomi Prins]( [image]( $100 is all you need… Former Goldman Sachs managing director Dr. Nomi Prins has identified an investment she’s calling ‘the world’s hardest asset’ – and she’s recommending it to friends, family, and followers. She’s talked about it on podcasts… live TV… and in her newest, bestselling book, Permanent Distortion. Dr. Prins says: “This asset has nothing to do with gold or silver, but it has many of the same features to protect your wealth – and preserve your privacy.” As the turbulence in our world grows worse and worse… [Click here now to see what Nomi is recommending before it’s too late.]( -- And now we’re on the cusp of seeing the monthly RSI above 60 again – just as gold is on the verge of breaking out to new all-time highs. Nomi has been showing you the big-picture catalysts in place for gold. In fact, in [this investigative report]( she showed how every time the elites change the rules to preserve their own power, gold rushes higher as a result. And that’s exactly what she says is happening right now. (Get the scoop from Nomi [here]( Now, the price chart is aligning with momentum indicators. This tells me an important breakout could be just around the corner. If gold can sustain an advance over $2,000 per ounce, and the monthly RSI stays above 60, you’ll want to be on board for the move higher. Regards, Clint Brewer Analyst, Inside Wall Street with Nomi Prins --------------------------------------------------------------- Like what you’re reading? Send your thoughts to [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=RE: Inside Wall Street Feedback). MAILBAG Will you be taking Clint’s advice to follow gold’s RSI pattern? Have you already started your investment journey with gold? Write us at [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=RE: Inside Wall Street Feedback). IN CASE YOU MISSED IT… [Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast]( He predicted the 2020 crash a month before it happened… He predicted the 2022 collapse at the beginning of last year… And now, he’s issuing a brand-new warning – along with a unique solution. 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