I wouldn't expect to see a big multi-year bear market for gold in most scenarios, but more just a year or two-year slump period where there's nothing driving it, particularly if we get into a Goldilocks scenario of 1.5-2% GDP growth and 1.5% inflation.

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Speaker

Lyn Alden

Evidence Quote

Not big multi-year bear market... smaller year, two-year slumpy period

Source

Lyn Alden's Macro Masterclass (w/ Raoul Pal)Real Vision
Created: 8/12/2026, 10:22:19 PM

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