The real reason behind gold's bull run

Gold's bull run has earned many investors some great profits, including all who got in on Bengt Saelensminde's gold play back in June. Here he dissects the cause of the bull run and goes onto predict what he believes to be the next phase for gold.

Goldis on the move again. And if you've been following my gold strategy, you should have just bought another tranche of the yellow stuff. If not, don't worry. It's not too late. I think this bull market still has legs.

For a reminder on my gold strategy, just click here. In a nutshell, we buy more as the price moves higher. Since we started trading this, we've been buying each time gold goes up by $100 an ounce.

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Bengt graduated from Reading University in 1994 and followed up with a master's degree in business economics.

 

He started stock market investing at the age of 13, and this eventually led to a job in the City of London in 1995. He started on a bond desk at Cantor Fitzgerald and ended up running a desk at stockbroker's Cazenove.

 

Bengt left the City in 2000 to start up his own import and beauty products business which he still runs today.