by Justin Spittler
Casey Research
It’s official: gold is in a bull market.
Dispatch readers know gold has exploded higher this year. It’s already up 18%. Yesterday, gold hit its highest level since February 2015.
Gold has now climbed 21% since hitting a seven-year low in December. According to the mainstream definition, a bull market starts when an asset rises 20%.
• Investors plowed $7.8 billion into gold exchange-traded funds (ETFs) last month…
That’s an all-time record, according to Barron’s.