\u201cInflation? It doesn\u2019t matter when the crisis hits \u2014 only that it will,\u201d says Jeff Clark, veteran gold analyst and author of Paydirt. Speaking with Daniela Cambone at the Rule Symposium, Clark warns that the vulnerabilities in today\u2019s financial system \u2014 from surging deficits to ballooning debt \u2014 make a major disruption inevitable. His solution? Physical gold. Citing long-term studies, he argues that a 20% allocation to gold provides the best balance of risk protection and upside.<\/p>\n
Clark reflects on past bull markets, where gold stocks delivered massive gains \u2014 including 141 ten-baggers between 2009 and 2011 \u2014 and says he\u2019s hunting for the next wave of outsized winners. \u201cIf we can just catch 5% of them, the payoff could be enormous,\u201d he says. He also makes the case for silver, noting the historic gold-to-silver ratio remains at extreme highs and hinting at silver\u2019s potential to outperform gold before the current bull run is over. \u201cThe goal isn\u2019t to predict the storm,\u201d Clark says. \u201cIt\u2019s to prepare for it.\u201d<\/p>\n Gold is crushing everything\u2014stocks, bonds, Bitcoin.<\/strong> But here’s the kicker: the dollar is down<\/strong>, CPI is lying, and central banks are hoarding gold like a global financial reset is already in motion.<\/p>\n Are you paying attention?<\/p>\n According to Jeff Clark, the gold bull market didn\u2019t start in 2024. It began on Leap Day 2023<\/strong>, the day after the Fed hinted at more aggressive rate hikes.<\/p>\n Since then:<\/strong><\/p>\n Gold is up 65%<\/strong><\/p>\n<\/li>\n Mining stocks like GDX<\/strong> have outperformed physical gold<\/p>\n<\/li>\n Junior miners (GDXJ) have beaten the majors\u2014a classic bull signal<\/p>\n<\/li>\n<\/ul>\n And perhaps most stunning of all:<\/p>\n \u201cGDX has outperformed every other major asset class in the world<\/strong>,\u201d says Clark. That includes equities, Bitcoin, real estate, and bonds.<\/p>\n<\/blockquote>\n 🟡 Alt text suggestion:<\/strong> \u201cChart showing gold stocks (GDX) outperforming global assets in 2024\u201d<\/p>\n Clark points to a perfect storm of catalysts:<\/p>\n Central bank gold buying<\/strong> at record levels<\/p>\n<\/li>\n Geopolitical tensions<\/strong> (Trump tariffs, Middle East instability, and more)<\/p>\n<\/li>\n Massive government spending<\/strong>\u2014over $3 trillion<\/strong> in deficit spending<\/p>\n<\/li>\n A dysfunctional Fed<\/strong>, caught in a tug-of-war between Powell and political pressure<\/p>\n<\/li>\n<\/ul>\n And let\u2019s not forget:<\/p>\n \u201cThe U.S. dollar is negative on the year<\/strong>.\u201d<\/p>\n<\/blockquote>\n While mainstream pundits obsess over soft landings and inflation \u201ccooling,\u201d Clark focuses on the only thing that matters: being prepared<\/strong>.<\/p>\n Despite the inverted yield curve flashing red since 2022, a formal recession hasn’t been declared.<\/p>\n Clark’s take?<\/p>\n \u201cWe\u2019re absolutely going to have another recession. The question isn\u2019t if\u2014but when.<\/strong>\u201d<\/p>\n<\/blockquote>\n He doesn’t waste time guessing dates. Instead, he protects:<\/p>\n ✅ Physical gold ownership<\/p>\n<\/li>\n ✅ Out of debt<\/p>\n<\/li>\n ✅ Strategic exposure to mining stocks<\/p>\n<\/li>\n ✅ A barbell portfolio: cash + gold on one end, speculative gold stocks on the other<\/strong><\/p>\n<\/li>\n<\/ul>\n This is what true wealth preservation looks like.<\/strong><\/p>\n Don’t sleep on silver.<\/p>\n The gold-silver ratio<\/strong> is sitting around 90:1<\/strong>\u2014far above the modern historical average of 50\u201355.<\/p>\n For reference:<\/p>\n In 1980, during peak precious metal mania, the ratio dropped to 20:1<\/strong><\/p>\n<\/li>\n Silver typically lags gold<\/strong> early in bull markets, then explodes past it<\/strong> before the top<\/p>\n<\/li>\n<\/ul>\n If history rhymes, silver could massively outperform gold<\/strong> in the coming months.<\/p>\n 🟡 Alt text suggestion:<\/strong> \u201cHistoric gold-silver ratio with peaks and corrections\u201d<\/p>\n Jeff Clark doesn\u2019t care whether inflation spikes or tanks. Rate cuts? Irrelevant.<\/p>\n \u201cI\u2019m focused on protecting myself\u2014whatever happens.<\/strong>\u201d<\/p>\n<\/blockquote>\n That protection starts with physical gold and silver<\/strong>, the ultimate inflation hedge<\/strong> and defense against systemic collapse.<\/p>\n Gold vs the dollar?<\/strong> No contest.<\/p>\n<\/li>\n Tangible assets vs Wall Street speculation?<\/strong> Gold wins every time.<\/p>\n<\/li>\n Wealth preservation in uncertain times?<\/strong> There\u2019s a reason central banks are buying gold by the ton.<\/p>\n<\/li>\n<\/ul>\n 📈 A long-term study from the 1960s found a 20% gold allocation<\/strong> in a portfolio offers the best risk-reward ratio<\/strong>.<\/p>\n This is not just another blip.<\/p>\n 28 record highs<\/strong><\/p>\n<\/li>\n Central banks loading up<\/strong><\/p>\n<\/li>\n Mining stocks leading the charge<\/strong><\/p>\n<\/li>\n Systemic debt beyond control<\/strong><\/p>\n<\/li>\n<\/ul>\n The gold bull market is here<\/strong>, and it\u2019s still early.<\/p>\n As Jeff Clark put it, \u201cI know a crisis is coming. I just want to be ready.\u201d<\/strong><\/p>\n So the real question is: Are you?<\/strong><\/p>\n ITM Trading has over 28 years of experience helping clients safeguard their wealth through personalized strategies built on physical gold and silver. Our team of experts delivers research-backed guidance tailored to today\u2019s economic threats.<\/p>\n
With 28 record highs in 2024<\/strong> and mining stocks outperforming the metal itself, veteran analyst Jeff Clark<\/strong> isn\u2019t just excited\u2014he\u2019s certain: this is a confirmed gold bull market<\/strong>, and it\u2019s far from over. Speaking with Daniela Cambone at the Rick Rule Symposium, Clark says the fundamentals are so compelling, we could be staring at another year and a half\u2014or more\u2014of upward momentum.<\/strong><\/p>\n
\nThe Gold Bull Market Is Official\u2014Here\u2019s the Proof<\/h3>\n
\n
\n
\nWhat\u2019s Fueling the Surge?<\/h3>\n
\n
\n
\nRecession or Not\u2014It Doesn\u2019t Matter (But a Crisis Is Coming)<\/h3>\n
\n
\n
\nThe Gold-Silver Opportunity: A Massive Imbalance<\/h3>\n
\n
\nWhy Gold & Silver Matter Now More Than Ever<\/h3>\n
\n
\n
\nConclusion: It\u2019s Not If\u2014It\u2019s When<\/h3>\n
\n
\nAbout ITM Trading<\/h3>\n