Barrick Gold and Newmont Mining are making headlines because of their proposed merger. This isn’t the first time. And history tells us we should stay away right now.
The price of gold rose 15% in the last five months. And mergers swept through the major mining companies. If you don’t own gold stocks yet, now is time to buy.
Gold is a timeless asset — but its trading still needs to catch up to modern times.
Investors looking for a safe haven have few options. But now is the perfect time for this classic asset to shine.
This chart shows gold miners’ outperformance since September 28. But the move in gold miners isn’t over yet. They are just entering their prime season.
Chief Investment Strategist of Money & Markets
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