Yom Kippur War of 1973 Caused Gold to Double

This weekend's attack in Israel is the worst since the Yom Kippur War of 1973.

On September 29th, NIA sent out an alert saying, "If you combine when the U.S. 10-1 year yield spread is inverted by 40 basis points or more with gold being priced at less than 5% of M2 money supply per capita, gold averages a gain of 60.56% over the following twelve months. Most recently, these conditions came true for the first-time last year on August 3, 2022. The most recent date 12 months+ ago that had these conditions was on September 23, 2022. For this seven-week period, gold's forward 12-month gains were in a range of 5.96% up to 17.12%. This is very similar to what occurred when these conditions came true on June 19, 1973. For the first seven weeks, gold's forward 12-month gains were in a range of 6.61% up to 34.51%. By November 21, 1973, which was five months after these conditions first came true, gold began experiencing massive forward 12-month gains of 100%+!"

Many people criticized us by correctly pointing out that the Yom Kippur War of 1973 occurred exactly 50 years ago from Oct 6, 1973 through Oct 25, 1973 and this is a big reason why gold's gains accelerated, and gold started gaining by 100%+ on a forward twelve-month basis on November 21, 1973.

Gold didn't gain during the war itself, there was a one-month delay.

On November 21, 1973, gold was $90.55 per oz.

On April 4, 1974, gold hit $179.80 per oz.

Gold nearly doubled in a period of 4 1/2 months.

Imagine if gold doubles over the next six months.

Augusta Gold (TSX: G) won't be $0.61 per share it will be $12 per share.

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA's President has purchased 224,200 shares of G in the open market and intends to buy more shares. This message is meant for informational and educational purposes only and does not provide investment advice.