This story was originally published here.
Tuesday’s trading saw classic risk-off behavior. Profit-taking finally hit leading Nasdaq stocks, and small-caps soured. At the same time, precious metals and bonds were jumping. Precious metals stocks, especially gold stocks, looked particularly shiny. Just in case this is the beginning of a more ominous shift, I’m offering up a few tickers that should hold up best during a downturn.
We’re zeroing in on all things gold related for many reasons. First, the yellow metal has held up incredibly well during the past two months of advancing equities. The underlying fundamentals have been strong enough to keep gold afloat while giddy traders have been chasing stocks to the moon. With trillions in stimulus rekindling inflation fears, we’ve seen virtually zero selling pressure in gold during a boom in sexier assets. Second, not only have gold stocks not gone down while risky assets are flying, they’re quick to rise on days like Tuesday when equities are getting whacked.
Who doesn’t want to own an asset that rises when stocks rise or fall! This could change, but for now, I’m celebrating the resilience. The lack of correlation is another compelling reason to like metals. Currently, the 10-week correlation coefficient between gold and the S&P 500 is zero.
That said, here are four of my favorite picks for exposure to the precious metals space…
Editor's Note: Click here to keep reading.
VIDEO: The electric car battery demo breaking the Internet
A new type of battery is taking the Internet by storm.
Click here to see it in action.
When you see what it can do you might not believe what you are seeing is real.
Insiders are calling a “paradigm shift” in energy technology…
A “forever battery” that will usher in the next great energy revolution.
Even going so far as to call it the “Jesus Battery” because the properties it exhibits are so miraculous.
Forbes calls it simply, “The battery that could change the world.”
Already, the world’s biggest auto makers are inking blockbuster deals to get this new type of battery into their fleets as soon as possible—General Motors… Ford… Toyota… BMW… Volkswagen… Honda… Mitsubishi… Mercedes… Nissan… Hyundai… Audi… and Porsche…
Even leading oil corporations like BP and Exxon are bracing for the impact it’s about to have on society and are now making huge investments.
What is this new battery exactly, and what is it capable of?
Matt McCall
Editor, Matt McCall’s Investment Opportunities
P.S. Right now the world’s most influential businessmen are storming this red-hot technology right now, while it’s still in its infant stages: Microsoft Founder Bill Gates, Amazon founder Jeff Bezos, China’s richest man and Alibaba founder Jack Ma, and Facebook founders Mark Zuckerberg & Dustin Moskovitz just to name a few. Click here for the full story.
