Why Arent These Investors Worried About The Gold Price?Jeff Clark, Senior Precious Metals Analyst While the price remains weak and range-bound, some gold investors dont seem worried about it at all. The natural reaction to an asset you own losing a third of its value, with seemingly little motivation to move higher, is cheerless and maybe even depressing. So why arent they? Are they out of touch? Perhaps have nothing at stake? Are they the kind of investors that would go down with the ship? Or do they know something we dont? Golds Cycles The resource markets are well known for moving in cycles, probably more than most other markets. Raging bull market, crippling bear market, repeat. This includes gold and silver. Yes, catalysts can impact the price along the waya big discovery, government interventions, and good ol supply and demand. But the context that determines how the price ultimately performs in a given period is where we are in the cycle. Cycles never repeat with the same length or breadth, but they distinctly boom and bust, over and over again. The data doesnt tell us exactly when golds next upcycle will get underway, nor how big it will be, but it does tell us this: another bull cycle is coming. We charted the major cycles for gold and silver from 1975when gold again became legal to own in the USto present. Here are golds cycles. Regardless of the nominal price, gold has repeatedly cycled between bull markets and bear markets. Silver also has prominent cycles. And like gold, the picture shows that the next big cycle is up. So what does all this mean to us? Setting the timing aside, history says In other words, the gains ahead could be tremendous. Preparing now for the next upcycle is key to your future wealth. Those unworried gold investors are very cognizant of these historical patterns. Not only do they know another bull cycle is coming, but given the extent of the selloff and the monetary malfeasance of governments the world over, they fully expect to become wealthy from it. Theyre positioning their portfolios right now in anticipation of a major shift in wealth. You can hear what theyre doing in our online event Going Vertical. Eight stars of the mining industry and seasoned resource investors discuss the historic opportunity the current market offers and the best ways to prepare your portfolio for a shot at true wealth when the gold market inevitably rallies again. Watch Franco-Nevadas Pierre Lassonde Casey Research Chairman Doug Casey Pretiums Bob Quartermain Sprott US Holdings Chairman Rick Rule Aben Resources Ron Netolitzky US Global Investors CEO Frank Holmes and Casey Research metals experts Jeff Clark and Louis James. Dont miss this free special eventwatch Going Vertical now! 