I have upgraded gold to a bull market for the first time since I started writing about the market regularly (in the Atlas Pulse newsletter) in 2012. Back then, the message was that a bubble was unwinding. Now, things are looking up.
My official signal has not yet been given, but this is my editorial, so I am reserving the right to override it. If like me, you believe the post-2009 bull market in equities has hit a wall, then why wait to buy gold? To recap, an Atlas Pulse Bull market requires a score of three out of three on these simple tests:
1. Easy money (defined as US cash real – ie, after inflation – interest rates below 1.8%).
2. The long-term gold trend in non-dollar terms must be positive.
3. Gold must be beating the stockmarket.
KEFI Minerals plc (LON:KEFI) is focused primarily on the advanced Tulu Kapi Gold Project development project in Ethiopia, along with its pipeline of other projects within the highly prospective Arabian-Nubian Shield.
