Stock Market Wealth
Become A Wealth Machine
I want you to understand that stocks have MUCH MORE appreciation ahead of them, as a whole. What you’ll see below is that households STILL OWN about a fifth of their wealth IN BONDS!
Gold is currently trading for JUST UNDER $2,000/ounce and Wall Street firms have issued PRICE TARGETS of $2,500 and $3,000. But I want to also present the INVERSE CASE, since it’s important to understand that (1) commodities don’t go up in a straight line and that (2) NO ONE knows what the future holds.
On Sunday, we released THIS potential portfolio model for you to study; access it HERE.
Between now and elections, I’d like to request that you remain on HIGH ALERT. The United States isn’t the fairytale land of opportunity that Hollywood films of the 1990s sold the world on; it’s a VERY COMPLEX country, with many ulterior motives going on behind the scenes.
The World Has Never Seen Anything Like ThisWhen I woke up a few days ago, the FIRST THING I did was check the spot price of gold and the price shown was $1,944/ounce, a new all-time high after $1,921 was passed. That very same day, my 4-year-old daughter had a play...
We wrote last week that gold stocks PEAKED on the 5th of August. Right after that, we saw a flood of INBOUND INQUIRIES, so let me clarify that our message is not that they hit a top and are now moving towards a bear market, but that they’re PULLING BACK, churning and gathering momentum for their next move!
Gold stocks might have peaked for the COMING WEEKS. On August 5th, we may have SEEN THE TOP for the time being.
I showed you the THREE BIG TRUTHS of the coming decade. Ignoring these trends will result in poverty, while adapting to them and ADOPTING THEM will lead TO RICHES.
In the mining sector, there are TWO WAYS of gaining leverage with the underlying spot price.
We’re currently drafting a letter to Warren and Charlie addressing the company’s decision to own shares of Barrick Gold. As the largest mining company that focuses on gold, its market cap is $53bn, compared with the $130bn in cash that Berkshire currently has on its books.