The prospects for further gold and silver price appreciation has rarely looked this strong.
Declining — heck, negative! — interest rates around the world. And central banks, including the all-important Federal Reserve, publicly committed to bringing them even lower going forward.
Recession warnings are multiplying everywhere: Slowing global growth. Inverted yield curves galore. Exploding government and corporate indebtedness.
And with stocks and real estate suddenly showing vulnerability, it’s perhaps little surprise why gold has finally vaulted above the trading range its been mired in since 2013. Capital is suddenly starting to look for safe havens.
And despite the nice jump in price gold, silver and the mining stocks have enjoyed so far this year, we’re still in the early innings (perhaps still the first!) of this new precious metals bull market. If history is any guide, the real action still lies ahead.
In fact, if the early 2000s bull run is any guide the average gold stock will multiply four times from current levels — and the better ones could go up 10 times or more.
But you’d be amazed how many investors can miss out on the majority of big gains, or even lose money, during a precious metals bull market. Those just sitting on a position of bullion will not reap the prodigious returns a smartly-positioned investor will.
Intelligent allocation is everything.
And just as important as buying is knowing when to sell. (Hint: It’s not at the top of the market.)
So, how
