A Golden Era for…Gold

So far in 2024 most investors have been distracted/captivated with stocks like NVDA or Bitcoin ETFs.  But flying under the radar, we are witnessing Gold quietly slip into a Golden Era.

And, as we have said sooooo many times in the past, Gold and Silver are the most under owned assets on the planet.

So far, gold is up nearly 15% this year, closing yesterday just short of $2,400.

And silver is up nearly 20% this year closing yesterday at $28.50.

Meanwhile NVDA is up 88% so far this year.  With Bitcoin up over 56% as well.

So, who do you think gets most of the attention?

And that is exactly what the Boyz in the “Club” want you to see.

Meanwhile, the Boyz (along with every central bank on the planet) has been accumulating large quantities of Gold…for several years.

Why?

It’s the safest haven to be in when the world becomes unglued.

And when Gold reaches new all-time high prices (like recently) two things happen:

1. The Goldbugs start screaming that the price is going over $20,000 per ounce.
2. And the naysayers cry that the price will crash back down to $1,000.

We don’t believe either of the above will happen.

But…and this is a very VERY Big Butt…

Gold will continue to find new heights.  And when silver starts to play catch-up it will make the movement in gold pale by comparison.

Keep in mind that even with the heavy buying of gold by the Central Banks it still only makes up less than 1% of all Global Assets.

Less than 1%.

So, think what will happen when the big money players decide to up their holdings of gold and gold miner stocks to 2%.

It may not sound like much but in reality, it’s a 100% increase from 1% to 2%.

And when that happens the free-for-all in gold stocks will be more mainstream.

Translation:  “Buy the time the gold and silver mining stocks have doubled, the average investor will start to get in the game.”

So, what are you waiting for?

If you don’t already own gold, silver, or the mining stocks, you should, at a minimum, allocate 1% of your portfolio to the Golden Era of Gold.

But if you already own some gold and mining stocks, then think about increasing your holdings to at least 2%.

This way you’ll at least benefit from the action of the Big Money Boyz who know where this is all heading.

And if you want some specific ideas to consider, be sure to read our Short and Sweet Tips column in our upcoming April edition of “…In Plain English” (HERE).

Share this with a friend…especially if they don’t own any gold or gold stocks.

They’ll thank YOU later.

And tell them:

We’re Not Just About Finance

But we use finance to give you hope.

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