Charteris CEO: More big gains ahead for gold investors

Investors who have sat out the bull market in precious metals may wonder if they have missed the train.

The gold price recently hit an eight-year high, but the good news is potentially more big gains lie ahead.   Valued in sterling, gold has already outperformed all other major asset classes since 2000, which belies its cult image as a speculative investment. Consistent with our long-held view, the metal remains in a primary 20-year bull market that is likely to peak in the next 12-to-18 months, potentially with a blow-out top in prices. Notably, 40% of the entire gains in the last great bull market of 1960-1980 were made in the last nine months. Gold: All I want is 2020 vision ...