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.
Gold started climbing in December 2015 (four years and one month ago) and is up 55%, since then. During this time, (1) the FED was tightening, (2) inflation was low, (3) the stock market SOARED, (4) the dollar was hitting ALL-TIME highs and other commodities didn’t participate in a rally.
My followers already know that I use a combination of physical gold and mining shares to get extra leverage on precious metal price moves. I only select a small handful of mining stocks per year for my watch list.