Last Friday, the price of gold futures crossed the $2,500 mark for the first time ever.

Gold prices today also rose 0.4% on bets of interest rate cuts in September and rising geopolitical tensions in the Middle East.

As you’ll see in the chart below, the price of spot gold has been on the rise, with analysts at Morgan Stanley predicting the metal could reach $2,600 by the end of the year.

Gold remains one of our most popular safe-haven plays in Catalyst Cash-Outs for several reasons.

Why I believe Gold’s bull run could continue

First, there’s an election coming up in November. I want to be clear that Bryan and I don’t deal with politics in The War Room or Catalyst Cash-Outs. In fact, we encourage all our members to keep their political opinions out of our chat rooms.

But, it’s safe to say that no matter which political party ends up in office, their administration is going to spend money. This means potentially higher inflation, which decreases the value of the dollar further.

If you want evidence of how inflation causes a decrease in purchasing power when you are printing money, just look back to 1970, when you could buy a three-bedroom home in a nice community for $30,000 and a fully loaded Mustang for $5,000. Today those would cost 10 times more.

Then, we have the ever-present suffocating debt levels.

As of today, the national debt stands at just over $35 trillion. That number is growing by an average of $1 trillion every 100 days so far in 2024. Debt is inherently inflationary, and consumers can expect higher prices if the government doesn’t slow its borrowing.

There’s also the never-ending wars/geo-political escalations happening around the globe…

It seems like each day you turn on the news, there’s something new to worry about.

That was definitely the case this week, when a three-day selloff led to my favorite volatility indicator (the VIX) closing above 35 yesterday for only the 8th time in history.

Now, the VIX is already back down to 27 today (as I said in the MTA Live Clubroom Session this week), but this fear creates the need for safe-haven investments like gold.

YOUR ACTION PLAN

Gold is on a bull run right now. And while it will pull back now and again, I believe the trend will stay intact for some time to come.

Bryan and I are currently positioned on a unique gold play as part of our Catalyst Cash-Outs portfolio. I’m not talking about investing in gold itself or mining companies. Instead, we have a major player with leverage to the price of gold and oil.

Click here to unlock our gold play and get access to our entire Catalyst Cash-Outs portfolio.