Gold has been filled with optimism since he and fellow co-owner David Sullivan appointed Slaven Bilic as their new manager this week.
The club followed up the Bilic announcement by unveiling Spanish Under 21 international Pedro Obiang as their first major summer signing from Sampdoria.
With the prospect of European football next season for the first time in nearly a decade and the move to the 54,000 seater Olympic Stadium on the horizon, it is exciting times for the club on and off the pitch.
And Gold says West Ham will be doing everything in their power to challenge the Premier League's elite clubs like Chelsea, Arsenal, Manchester City and Manchester United in the coming years.
"We are showing our intent and we want just want to put a bit of fear into the top teams who have remained unchallenged," Gold told West Ham's official website.
"We want them to start looking over their shoulder and see a club like West Ham who want to challenge."
To realistically do that the East Londoners will have to consistently spend big and wisely each season, something Gold has pledged to do.
The capture of Obiang is the second signing of the summer after the Hammers snapped up goalkeeper Darren Randolph on a free from Birmingham.
A report in the London Evening Standard has argued that West Ham could be the next Manchester City given their impending move to Stratford.
And Gold clearly agrees as he struggled to contain his excitement over what lies ahead for the Hammers.
He added: "I am expecting exciting things and this is a fantastic opportunity for anyone coming into our football club as this is most arguably the most exciting season period in the club's history as we prepare for our final ever season at the Boleyn Ground before we move into the Olympic Stadium."