Don’t count gold out.
A number of pundits have been quick to point to the latest quarterly numbers from the World Gold Council as proof that investors have given up on the yellow metal.
It’s easy to understand why Wall Street is feeling smug.
Global demand for gold dropped 9% in the third quarter compared to the same period a year ago, hitting its lowest level since late 2009.
Investment demand for the metal dropped 28% in the third quarter versus a year ago.
Even gold-backed exchange-traded funds have suffered a sharp decline in demand.
Investors are greedy for big gains and aren’t worried about stocks reaching overbought levels. The S&P 500 Index is up 15% in 2017, while the tech-heavy Nasdaq Composite has surged an astounding 25%.
However, gold hasn’t been a slouch this year, climbing nearly 12% despite the strength in the broad market, and it’s not done yet.
Matt Badiali, editor of Real Wealth Strategist, says that gold’s uptrend is still in place and is going to keep climbing.
And he’s got the perfect place for you to look for your next gold investment…
Boots on the Ground
Matt is on-site this week researching potential investment opportunities for his subscribers. He’s currently in a region that produced 5.5 million ounces of gold last year. That’s the fifth largest output for a region in the world!
And right now, if you want to invest in a mining company, it’s the place to be.
For full details of Matt’s research trip and to learn more about the opportunities, click on the video below.
And don’t miss out on Matt’s newest trade in Real Wealth Strategist. In this edition, Matt details two great trading opportunities in a region that has just reopened to the mining community in what he calls the “Land of Giants.”
The digital edition of the December issue was released to subscribers on Thursday, so there is still time to jump on these trades. For full details, click here.
Sr. Managing Editor, Banyan Hill