| Overall, people invest in gold for its perceived stability, diversification benefits, and historical track record as a store of wealth. Right now, all those factors above are ticking a strong YES for investing in gold. But there's more to the story.... Gold prices are surging on hopes that interest rates will fall, and the US Dollar will weaken. Gold is priced in the US Dollar and a weaker dollar means a higher price for gold as more dollars are needed to buy an ounce of gold. But interest rates are not falling...and that is where one of the opportunities to gold exists for a short window. As J Powell noted last week in the Federal Reserve Open Market Committee meeting, interest rate hikes are off the table and the next move would be lower. When that happens, gold should move to new highs and you need to be positioned for that move for both the long-term reasons as mentioned above, and for a shorter-term pop. YOUR ACTION PLAN But don't buy gold, the metal. The better plays are companies that are mining gold and silver as they are trading at very attractive valuations compared to their historical levels when compared to the price of actual gold and silver. In Catalyst Cashouts, we are positioned for this move, and you still have time to jump in with us before our livestream tomorrow at 2 p.m. EST. Find out exactly how we're trading metals by clicking here. |
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