It’s not just about knowing what a good investment is. You need to think a little deeper. You need to think how you could supercharge your returns.
Despite arguing that gold will crash to US$931 per ounce in the short term, I believe the yellow metal will quadruple in the medium to long term.
Do not buy another ounce of gold until you read the three main arguments mainstream economists make against gold… and why they’re dead wrong.
Gold has had a terrific run this year. Newcrest Mining Limited [ASX:NCM] is up roughly 80% this year. However, gold stocks such as NCM have been under selling pressure in recent weeks.
Is it any wonder that the price of gold is on the rise? If you’re yet to bolster your portfolio with bullion or gold stocks, don’t worry, it’s not too late.
There would be havoc. And markets would be as unpredictable as ever. But one thing won’t be unpredictable. The price of gold.
The price of gold is on the launch pad…and it may be poised for a moonshot. We already saw the price of gold ‘lift-off’ after the Brexit announcement.
While gold’s due for a correction, I fear much worse. Contrary to the majority, and despite the recent rally, I expect it to hit US$931 per ounce — a three year forecast — in the months ahead.
Gold. It has been one of the best performing commodities this year. That, and silver. Yet, one analyst doesn’t like gold… not the commodity price, anyway.
The likes of GST on Gold bullion reflects the government’s complete ignorance of the value of bullion. They don’t see the value gold has in the monetary system.