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 and rushed into high-yield assets like stocks and bonds.
That move triggered a three year, 39% price plunge. The yellow metal sank from US$1,800 to around US$1,100.
But gold stocks fared much, much worse…
- Newcrest Mining — Australia’s biggest gold producer — tumbled more than 70% from its $42.84 high in 2010.
- Silver Lake Resources crashed to 30 cents — a savage 92% walloping from the frothy it’s 2012 high of $3.90.
- St Barbara sank from $3.00 to just 8 cents between 2010 and 2014…losing investors who hung on 97%!
Of course gold has bounced back — a little. It’s nowhere near its 2011 highs. And if you’re thinking now is the time to jump back into the yellow metal…
…you could be making a huge financial blunder!
In a brand new Money Morning report titled ‘The Right Time to Buy Gold Stocks in 2018’, resource expert Jason Stevenson reveals why gold and gold stocks could head lower in 2018.
If you’re a gold investor or thinking about adding gold to your portfolio you MUST read this special investor report today.
- Why Gold Could Tank Below $1,000: What goes down, must go…DOWN. Gold’s corrective phase is just getting started. Find out why gold’s value could still fall hundreds of dollars in coming months.
- The trigger for the next gold spike: Jason reveals what he believes is the ‘trigger point’ for a return to higher gold prices…and why so few people are looking in this direction (to their detriment).
- The Right Time to Buy Gold Stocks: It’s not all doom and gloom. Gold stocks should eventually bounce back. But right now gold stocks are too expensive. Don’t jump back in until gold (and gold stocks) sound the entry signal Jason reveals on page 3.
Simply put your email address in the space below, and hit ‘Send My FREE Report’. You’ll get a free subscription to Australia’s biggest daily financial email, Money Morning, and we’ll immediately send your free report, ‘The Right Time to Buy Gold Stocks in 2018’.
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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.