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3 Gold Stocks to Buy and Hold

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behindthemarkets.com

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Sat, Sep 14, 2024 01:06 PM

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Gold could hit $2,700 by early 2025 Â here. Â Prefer to view this content on our website? --------

Gold could hit $2,700 by early 2025 [Morning Watchlist] You are receiving this email because you are subscribed to Behind the Markets. If you no longer wish to receive these emails, please [unsubscribe]( here.  Prefer to view this content on our website? [Click here.]( --------------------------------------------------------------- Dear Fellow Investor, Just last week, we highlighted opportunity in gold. In fact, we noted that Goldman Sachs just said that gold has the highest potential for a near-term price increase, as noted by LiveMint.com. "Imminent Fed rate cuts are poised to bring Western capital back into the gold market, a component largely absent of the sharp gold rally observed in the last two years," the brokerage firm said in its note Go for Gold, they added. The firm also raised its price target on gold prices to $2,700 by early 2025. At the time of our mention, gold traded at just $2,526. Today, it’s up to $2,607 and could easily hit $3,000 this year. --------------------------------------------------------------- The move also had a big impact on the gold stocks we also mentioned last week, including: Company: Barrick Gold (SYM: GOLD) We mentioned that “After exploding from about $16 to a high of $20.79, Barrick Gold is slipping with the market. However, you may want to use weakness as an opportunity. With geopolitical tensions boiling over and uncertainty over U.S. elections, and the potential for further rate cuts, gold prices and the GOLD stock could easily push even higher.” At the time, GOLD traded at $19.32. It’s now up to $20.87. --------------------------------------------------------------- Oxford Club [The NEXT Trillion Dollar Company?]( [earth money]( It just signed a deal to get its tech in Apple's iPhone until 2040! Online commenters are debating if this brand-new company will be the 7th trillion dollar stock. [Details on the controversy here.]( --------------------------------------------------------------- Company: Newmont (SYM: NEM) “Newmont is starting to slip after running from about $46 to a high of $54. But you may want to use weakness as an opportunity here, too. Helping, analysts at Scotiabank just upgraded NEM to a sector outperform rating from a sector perform rating with a $30 target,” we added. At the time, NEM traded at $51.60. Today, it’s up to $53.90. --------------------------------------------------------------- NetPicks [(Get it now) THE #1 Breakout Trading Plan…]( STOP losing money on bad trades… Get a full trading strategy centered on trading breakouts - it’s like having pocket aces in poker! I’ll share everything about this setup… how to trade them… how to exit… and the huge profit potential they hold. [Download it here.]( (When you click the link you’ll be automatically signed up for the NetPicks Newsletter, and we’ll rush you a copy of the Breakout Trading Plan report) --------------------------------------------------------------- ETF: VanEck Vectors Gold Miners ETF (SYM: GDX) We also said that one of the best ways to diversify at less cost is with an ETF, such as the VanEck Vectors Gold Miners ETF (SYM: GDX). Not only can you gain access to some of the biggest gold stocks in the world, you can do so at less cost.  At the time of our initial mention, the GDX ETF traded at $36.91. Today, it’s up to $40. --------------------------------------------------------------- Millionaire Publishing [STOP Trading Monday - Thursday](According to legendary trader Tim Sykes, he makes most of his dough over the weekend. By placing just one simple trade at 2:59 pm on Friday, he's made $8,780... $9,518... and even $16,159 over the weekend! [>> Watch this to see how it's done!]( --------------------------------------------------------------- [Join Daily Guru Trades!]( Want more free daily trades in your inbox? [Sign up for Dylan Jovine's Daily Guru Trades Today.]( Do you currently own gold or shares of gold mining stocks? Do you have your eye on any under-the-radar gold stocks you think we should look into? Hit "reply" to this email and let us know! Our mailing address is: Behind the Markets, LLC 4260 NW 1st Avenue, Suite 55 Boca Raton, FL 33431 Copyright © 2024 Behind the Markets, LLC, All rights reserved. You're receiving this email as part of your subscription to Behind the Markets. For more information about our privacy practices, please review our [Privacy Policy]( or our [Legal Notices.]( [Behind the Markets](  [Unsubscribe]( Â

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