Earlier today I bought a basket of Gold & Silver. Let’s take a look at this for a second. Gold is still trading north of $800, but the stocks are trading as if the commodity is at $400.
My first thought is maybe the market is telling us Gold is going lower. But, on the other hand, what if this is an excellent buying opportunity?
With all the new money being printed I believe gold has plenty of upside left. As Peter Schiff says, “There’s always a headfake before a big move.”
Feel fee to list you favorite gols plays in the comment section.
Jake likes: Royal Gold, Inc. [[RGLD]] , Goldcorp Inc. (USA) [[GG]] , [[GLD]] , & Silver Wheaton Corp. (USA) [[SLW]]
I like the group as a whole, thus purchasing a basket of stocks this morning.
Note: In no way am i saying to put your whole portfolio in Gold, but i believe some of these names are worth a look.
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