This precious metal recently rallied for nine straight days. And according to history, that's a strong sign of more gains to come... [Stansberry Research Logo]
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[DailyWealth] Gold's Massive Breakout Isn't Over Yet By Brett Eversole --------------------------------------------------------------- There was a full-blown gold mania underway when I started in the world of finance... It was 2010. You couldn't even turn on the TV without seeing ads for the metal. And every time you drove down the street, you'd see more signs shouting "WE BUY GOLD" in shop windows. The metal was years into its bull market by then. Prices were soaring. And investors couldn't get enough. It was pure mania. It's a different story today. Gold recently broke out to an all-time high... But as we covered [two weeks ago]( sentiment is still far from euphoric levels. The recent rally did hit a rare level, though. The metal rallied for nine straight days. And according to history, that's a strong sign of more gains to come... --------------------------------------------------------------- Recommended Links: [The Historic Market Anomaly Sending Stocks up 100% in a Single Day]( A rare mathematical inversion in ONE corner of the stock market now presents a 1-in-20-year moneymaking opportunity we may never see again in our lifetime. It has nothing to do with "The Magnificent Seven" or the presidential election... and doesn't involve trading options or bitcoin. Yet, it could create enormous wealth for those who position themselves correctly, beginning today. [Click here for the full story](.
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--------------------------------------------------------------- When an asset goes up day after day, it means there are more buyers than sellers. They want to own that asset. And their bids aren't slowing down. This situation doesn't happen often... even in bull markets. And it's a signal that a boom is heating up. Gold recently moved higher for nine straight days. That's darn rare. This kind of winning streak has happened just seven times over the past 50 years. Take a look... A multiday spike like this is important... because rare setups like these point to continued gains. To see it, I looked at every unique instance of gold rising for seven or more consecutive days. This gives us a bigger sample of 31 cases. Gold tends to keep rising after these setups. Check it out... Long-term gold investors have made good money. The metal has returned 5.2% per year over the past half-century. That includes plenty of ups and downs along the way. But buying at the right time – after moves like these – can lead to much better returns... Similar setups have led to 2.4% gains in three months, 4.4% gains in six months, and 8.8% gains over the following year. That's solid outperformance in all cases. Even better, most investors are still completely overlooking gold right now. That's almost never the case when an asset reaches new all-time highs. And it tells me that the current rally isn't about to end... It's just heating up. The masses will wake up to what's happening in the gold market. They always do. And we want to be positioned to profit before the next move higher. That's why you should consider owning the metal right now. New highs are here... But much higher prices are likely in the months ahead. Good investing, Brett Eversole Further Reading Gold has staged a major rally in recent months... yet investors still aren't interested in the metal. History tells us we shouldn't ignore this kind of strength, though. Double-digit upside is likely over the next year... [Read more here](. "Bearishness is at the worst level on record for the soybean market," Brett writes. Most folks aren't paying attention to this commodity today. But once sentiment reverses, significant outperformance is possible in the coming months... [Learn more here](. --------------------------------------------------------------- [Tell us what you think of this content]( [We value our subscribers' feedback. To help us improve your experience, we'd like to ask you a couple brief questions.]( [Click here to rate this e-mail]( You have received this e-mail as part of your subscription to DailyWealth. If you no longer want to receive e-mails from DailyWealth [click here](. Published by Stansberry Research. You're receiving this e-mail at {EMAIL}. Stansberry Research welcomes comments or suggestions at feedback@stansberryresearch.com. This address is for feedback only. For questions about your account or to speak with customer service, call 888-261-2693 (U.S.) or 443-839-0986 (international) Monday-Friday, 9 a.m.-5 p.m. Eastern time. Or e-mail info@stansberryresearch.com. Please note: The law prohibits us from giving personalized financial advice. © 2024 Stansberry Research. All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited without written permission from Stansberry Research, 1125 N Charles St, Baltimore, MD 21201 or [stansberryresearch.com](. Any brokers mentioned constitute a partial list of available brokers and is for your information only. Stansberry Research does not recommend or endorse any brokers, dealers, or investment advisors. Stansberry Research forbids its writers from having a financial interest in any security they recommend to our subscribers. All employees of Stansberry Research (and affiliated companies) must wait 24 hours after an investment recommendation is published online – or 72 hours after a direct mail publication is sent – before acting on that recommendation. This work is based on SEC filings, current events, interviews, corporate press releases, and what we've learned as financial journalists. It may contain errors, and you shouldn't make any investment decision based solely on what you read here. It's your money and your responsibility.