This story was originally published here.
It’s hard to draw up a better scenario for the price of gold and gold stocks.
Interest rates are super low. In fact, real interest rates — those that factor in inflation — are negative. Gold doesn’t offer any sort of yield, so it is much more attractive in times like this.
At the same time, fear is drifting through the markets at a Goldilocks rate — not too hot, not too cold, but just right. Just right for people to flock to gold, that is.
Gold has historically been a haven for investors to protect their capital when the stock market feels riskier than usual.
Gold stocks offer the best of both worlds — stock-like returns and gold-like safety — when fear levels is but manageable.
But buyer beware — even gold doesn’t move up in a straight line.
The price of gold broke through $1,800 an ounce this week, a record level. It hasn’t traded at these prices since 2013.
Before it goes any higher, the price trend needs to slow down or even drop.
Countertrend moves are normal and healthy. And they can happen at counterintuitive times … like when investors become overconfident in a trend.
With all this going on, a gold stock caught my attention.
This stock topped out in May and is struggling to keep up after a 71% climb in three months. It’s the perfect candidate to ride a correction to triple-digit gains in two months.
Editor's Note: Click here to keep reading.
Wall Street Legend’s “Tech Talk” Shocks Audience
The audience sat in stunned silence.
That’s because tech expert Paul Mampilly ripped away the curtain on a new technology that experts are calling “one of the most significant discoveries since fire” and “the last innovation we’ll EVER need.”
When Paul Mampilly delivers a presentation recommending a specific stock, it pays to listen.
The last three times he did this, the stocks saw peak gains of 300%, 125% and 524%.
But as Paul made perfectly clear in his live “Tech Talk,” this innovation is bigger — much bigger — and those who get in during these early stages could amass a fortune greater than anything we’ve seen in human history. I’ve attached a link for you to watch his presentation here.
During this presentation, Paul will reveal why this emerging tech industry is expected to surge from a $20 billion market to $15.7 trillion — a 76,000% increase.
He’ll demonstrate exactly why the world’s biggest businesses are reinventing their entire businesses to become the world leader in this tech.
And most importantly of all, he’ll reveal the little-known Midwestern company at the forefront of it all — and why the highest paid money manager on Wall Street has dumped nearly 20% of his entire portfolio into this ONE stock.
Never one to mince words, Paul says that buying this company now, while this technology is still in the early stages, could set you up for a multimillion dollar windfall in the years ahead.
But you need to act fast.
This industry is poised to go parabolic, and if you wait, you could miss out on the biggest money-making opportunity since the birth of the internet.
Sincerely,
Jeff Yastine
Editorial Director, Banyan Hill Publishing
