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The Next Gold Rally Could Be Setting Up

VRIC Media Jul 18, 2026

Summary

Aaron argues gold is bottoming in its current $3,800–$4,000 zone, with substantial evidence that the region marks the low.

Market bottoms are a process, not a single moment — multiple waves are needed to round off the lows before any durable advance.

The actual low may land in early August near $3,850–$3,900, with only nominal new lows expected while the base forms.

A second-half 2026 rally into the first quarter of 2027 is setting up for gold, silver, and the miners.

Christopher Aaron's takeaways

  • Top takeaway As of the July 2026 discussion, the guest expects a strong rally in gold, silver, and mining stocks from the second half of 2026 into the first quarter of 2027.
  • He argues gold is bottoming in its present 3800-4000 region and says he has substantial evidence supporting that call.
  • He views the bottom as a process rather than a single moment, requiring multiple waves to round off the lows.
  • He allows that a few nominal lows may still come, with the actual low possibly in early August 2026 around 3850-3900.