Gold touched $1,800 for the first time in eight years...
Gold touched $1,800 for the first time in eight years...
Gold has touched $1,800 for the first time in eight years. Many of the largest gold mining stocks — Barrick, Newmont, FrancoNevada, Wheaton Precious — are up 60% to 90% in the past year. And this is only the beginning.
[Outsider Club logo]
It’s Time to Get Your Gold On
[Nick Hodge Photo] By [Nick Hodge](
Written Jul 01, 2020
Gold touched $1,800 for the first time in eight years.
Many of the largest gold mining stocks — Barrick, Newmont, FrancoNevada, Wheaton Precious — are up 60% to 90% in the past year.
[Gold Mining Stocks June 2020]
That means they’re moving 2X to 3X higher than the “record setting” NASDAQ.
And this is only the beginning.
Now that gold is at $1,800, a few new factors come into play…
First, from a technical perspective, if they can hold this level then gold prices can quickly move toward all-time highs north of $1,900 per ounce. (Gold prices are of course already at all-time highs in many other currencies that don’t have a Fed to fight.)
Second, gold is starting to gain mainstream attention and recognition. [Gold Ultra Wealthy]
In a mid-June article, Reuters reported that:
As stock markets roar back from the coronavirus-led rout, advisers to the world’s wealthy are urging them to hold more gold, questioning the strength of the rally and the long-term impact of global central banks’ cash splurge.
Before the COVID-19 pandemic, most private banks recommended their clients hold none or just a tiny amount of gold.
Now some are channelling up to 10% of their clients’ portfolios into the yellow metal as the massive central bank stimulus reduces bond yields - making non-yielding gold more attractive — and raises the risk of inflation that would devalue other assets and currencies.
While gold prices have already risen 14% since the start of the year to $1,730 an ounce, many private bankers bet that gold — a hedge for both inflation and deflation — has further to run.
The mainstream media recognizing gold as a hedge against both inflation and deflation?
Who woulda thunk it?
[Could All 50 States Really Legalize Cannabis?](
Now, I’ll be honest... if you’d said just a few months back that I’d be talking to you today about the possibility of all 50 U.S. States legalizing cannabis in one massive wave...
Well, I would have said: “you’re crazy!”
But times have changed, and quite suddenly. COVID-19 has done an incredible amount of damage this country — and states have been hit especially hard. They’re hemorrhaging money. And the outlook for state tax revenue continues to only get worse.
This is where cannabis comes in: with the stroke of a pen, states can legalize cannabis and create a brand-new stream of tax revenue — instantly.
States aren’t the Federal government. They can’t print money to get themselves out of the hole they’re in. For states, new streams of tax revenue are the only way out.
A sudden wave of new state legalizations is certain to create an unprecedented cannabis boom: and early investors will make a complete fortune. It could happen much faster than you think — [let me explain how to get in while there’s still time.](
And look at how much these banks are recommending their clients hold in gold: 10%!
According to the article:
Nine private banks spoken to by Reuters, which collectively oversee around $6 trillion in assets for the world’s ultra-rich, said they had advised clients to increase their allocation to gold.
Now, let’s do some rough math.
Ten percent of $6 trillion is $600 billion.
And that’s just from nine banks.
Now consider that the total combined market capitalization of the top 25 global mining companies is not much more than that — something like $800 billion.
When money comes rushing into the gold space like is starting to happen… there are simply only so many places for it to go.
[Gold Industry Insider Reveals His Big Secret](
The elite traders in the gold industry are not buying gold for $1,600+ like the rest of us. They are using [this secret loophole]( to buy up gold at a staggering 98% discount.
Now one of the top advisors in the industry finally spills the beans and reveals how you too can get your hands on gold for as low as $8.10 per ounce.
The profit potential is huge — [click here to discover how you can take advantage today!](
And that’s why you get the drastic upward price moves in gold stocks. Or what Doug Casey has famously referred to as “trying to siphon the Hoover Dam through a garden hose.”
That’s the sort of rush we’ve been calling for. And that’s what is happening now.
Just in the past three months, [many gold stocks we have financed or recommended]( are up 100% to 500%.
[Gold Junior Mining Stocks June 2020]
We expect new all-time highs in gold prices.
[Homeless Man Turns $500 into $978,750 in Just Five Weeks](
Jake Studebaker had lost his house... and was living on the streets of Los Angeles.
Things were looking pretty grim for Jake, until one day he was notified that his grandfather left him a $500 inheritance. You won't believe what he did with it...
Jake went into a local brokerage office and turned that $500 into $978,570 — in just five weeks of trading — all thanks to a simple secret he discovered.
The brokers were absolutely stunned. But here's the thing: You can do this, too.
[Click here to learn more.](
And we expect multiples of the returns we’ve already earned.
[It’s time to get your gold on.](
Call it like you see it,
[Nick Hodge Signature]
Nick Hodge
[[follow basic]@nickchodge on Twitter](
Nick is the founder and president of the [Outsider Club](, and the investment director of the thousands-strong stock advisories, [Early Advantage]( and [Wall Street's Underground Profits](. He also heads [Nick’s Notebook](, a private placement and alert service that has raised tens of millions of dollars of investment capital for resource, energy, cannabis, and medical technology companies. Co-author of two best-selling investment books, including Energy Investing for Dummies, his insights have been shared on news programs and in magazines and newspapers around the world. For more on Nick, take a look at his editor's [page](.
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