Despite what many ‘gold fanatics’ tell you…Gold ISN’T always a great investment.
The last few years have proven that.
After a rampaging 12 year bull run, investors dumped gold in favour of yielding assets like stocks and bonds.
In four years the precious metal plunged from over US$1,800 to around US$1,200 today.
A 44% nose dive.
But gold stocks fared much worse…
Newcrest Mining – Australia’s biggest gold producer — tumbled more than 80% from its $42.84 high in 2010.
And Silver Lake Resources now trades around $0.16 — a savage 96% walloping from the frothy high of $3.90 only two years ago.
But if you’re thinking today’s steady gold price is a sign to jump back into the yellow metal…
…you could be making a huge financial blunder.
In a brand new Money Morning report titled ‘Why You Should Wait to Buy Gold Stocks in 2016’, Resource Expert, Jason Stevenson reveals why Gold stocks are set to be crunched in 2015.
If you’re a Gold investor or thinking about adding gold to your portfolio you MUST read this special investor report.
- Why the Gold ‘Bear’ is Set to Bite Again in 2016: What goes down, must go…DOWN. Gold’s corrective phase is just getting started. Find out why the precious metal could fall well below $1,000USD in coming months.
- Don’t Get Sucked into the Stability ‘Scam’: Jason reveals detailed analysis as to why the current steady Gold price won’t last AND why Gold investors are set for a turbulent (and financially painful) 2016.
- The Right Time to Buy Gold Stocks: It’s not all doom and gloom. Gold stocks will eventually bounce back. But not right now. Jason reveals when you should jump back into gold.
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All advice is general advice and has not taken into account your personal circumstances. Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.
Calculating Your Future Returns: The value of any investment and the income derived from it can go down as well as up. Never invest more than you can afford to lose and keep in mind the ultimate risk is that you can lose whatever you’ve invested. While useful for detecting patterns, the past is not a guide to future performance. Some figures contained in this report are forecasts and may not be a reliable indicator of future results. Any potential gains in this do not include taxes, brokerage commissions, or associated fees. Please seek independent financial advice regarding your particular situation. Investments in foreign companies involve risk and may not be suitable for all investors. Specifically, changes in the rates of exchange between currencies may cause a divergence between your nominal gain and your currency-converted gain, making it possible to lose money once your total return is adjusted for currency.