At times like these, EVERYONE gets a spanking in the markets, no matter how smart or talented. You cannot be an investor in the public markets, own fantastic businesses for the long-term, watch as their value go NUTS and not expect a mean reversion, a reversal, a resumption of NORMALCY, at some point.
Today, I’m going to make sure you understand why gold in 2020 could be a rare opportunity, as I see it. I’m completely bullish on gold and gold equities.
After the best year for gold since 2010 and with the possibility that the dollar has PEAKED for this cycle, gold’s latest correction from $1,611/ounce on WW3 rumors, down to the mid-$1,500s today, is an IDEAL entry point for new positions, as we see it.
I’ve got big news for you. Greg Jensen, who many consider to be Ray Dalio’s deputy, just went on record that gold has a viable 30% upside potential, which would take it to NEW all-time highs.
Every two or three weeks, I see another article published on how Warren Buffett’s holding company, Berkshire Hathaway, is underperforming the S&P 500 and how his cash pile of over $128B is a giant waste – since it could be making his shareholders a fortune, had it been invested in this late-stage bubble surge.