Market sentiment and global growth bode well for the metals and mining sector. My trend analysis suggests it could rally 33% in the next six months.
The Italians use gold as an insurance policy against catastrophe. And when the country joined the EU, it triggered an emergency. The lira plummeted in value, but gold did not.
I believe gold is on the cusp of a major breakout higher. However, gold prices are entering their bearish prime season, and a short-term pullback is likely in the cards.
For thousands of years, gold was money. More important, the world still views gold as an insurance policy against financial troubles.
There is something brewing in the precious metals market. I’ve got that for you today, as well as a must-see video with a silver miner.
The recent 10% drop over a couple days has some investors looking for a new place to park their cash. Mining stocks might be the place.
Silver is less expensive than gold. But sometimes the relationship between gold and silver gets out of whack. I believe today is one of those times…
There is one standout this year that could easily weather a government shutdown and a stock market sell-off, and that’s gold.