The Next Phase of Gold’s Supercycle Is About To Begin – Are You Positioned To Profit?

To the untrained eye, that looks like exhaustion. But for seasoned professionals at The Gold & Silver Club, this is a classic case of “healthy bull-market digestion” – a short-term correction within a much larger uptrend. “This isn’t the end of the move,” says Lars Hansen, Head of Research at The Gold & Silver Club. “It’s the reset before the next acceleration. Savvy traders see pullbacks like this for what they are – opportunities to reload before the next phase begins.”

The Calm Before the Next Historic Advance

This correction coincides with two overlapping forces: Options expiry and a broad technical recalibration following months of relentless buying. The result is a temporary lull that has flushed out weak hands and allowed institutional capital to reposition at more favourable levels.

Behind the scenes, Gold market dynamics are shifting rapidly. The CBOE Gold Volatility Index has surged to multi-year highs, reflecting intensified repositioning. Physical supply continues to tighten as metal flows out of Asian exchanges and back into London storage – a pattern that has historically preceded major rallies.

“Bull markets rarely end quietly,” Hansen notes. “They consolidate, reset and then explode to new highs once complacency fades. That’s exactly what’s playing out right now.”

Institutions Are Quietly Building Positions

While inexperienced traders focus on red candles, professional money is quietly stepping in. Data shows Gold-backed ETFs absorbed more than 723,000 ounces in mid-October, while Silver ETFs added 13 million ounces in the same week.

“These are not speculative trades,” Hansen emphasizes. “They’re strategic reallocations. The so-called ‘smart money’ understands that every meaningful Gold rally in the past has included multiple 5-10% pullbacks before the next leg higher. The biggest mistake retail traders make is confusing volatility with weakness.”

India’s Appetite for Gold Is Exploding

Perhaps the most striking signal comes from India – a country that remains at the heart of global Gold demand. Over the past three months, India’s Gold imports surged to $7.8 billion, the second-largest total on record and three times higher than the previous quarter.

Meanwhile, the Reserve Bank of India has quietly expanded its holdings by 25 tonnes in 2025, lifting its reserves to a record 880 tonnes. In a striking shift, the RBI has repatriated 64 tonnes of Gold from overseas, meaning 65% of its total holdings are now stored domestically, compared with 38% in 2022. Gold now accounts for 13.9% of India’s total currency reserves – the highest share in modern history.

“The world’s largest emerging economy is sending a message,” Hansen says. “Gold is not just a hedge – it’s policy insurance. When central banks buy, they buy for a reason.”

Macro Drivers Still Point Upward

None of the core bullish catalysts have changed. The U.S government’s ballooning debt, recurring shutdown threats and real yield volatility continue to weaken confidence in fiat currencies. Geopolitical flashpoints – from China to Eastern Europe – remain unresolved, while central banks across Asia and the Middle East continue to accumulate Gold at record-breaking pace.

“Every macro driver that took gold to $4,382 is still in place,” Hansen stresses. “Only now, they’re intensifying. Inflation is sticky, fiscal discipline is non-existent and global liquidity is still expanding. These are the perfect conditions for the next major leg higher.”

$5,000 Gold Is the Conservative Case

Over the past 15 years, The Gold & Silver Club has developed a reputation as one of the world’s most accurate forecasters of precious metals cycles – a record cited by leading institutional research firms and financial media alike. The firm’s proprietary models now forecast $5,000 an ounce Gold and $75 an ounce silver within the next 12 months, levels Hansen describes as “a conservative base case.”

That view is gaining traction across Wall Street. Goldman Sachs recently raised its target to $4,900 by 2026, UBS sees $4,700 and JPMorgan forecasts $5,055 by late 2026 – with an upper-case scenario of $8,000 by 2028 amid a global rush into hard assets.

The Accumulation Window Is Closing Fast

Markets move in waves – and those who wait for confirmation rarely capture the best part of the move. “Gold has entered its final accumulation phase before the next vertical run”.

“Dips like these are invitations, not warnings. Traders who act now may look back on this as the smartest entry before Gold’s next parabolic breakout,” Hansen concludes.

The only question now is whether you will seize this opportunity before the breakout leaves you behind.