The Big Tease Gold touched $1,300 last week for just a few moments — long enough to keep us waiting with bated breath for it to break through this “big number” resistance.
With the yellow metal just one piece of news away from either breaking through or breaking down, it’s important to think about ways to profit no matter what it does.
Here’s where you can find them.... Dear John, A couple of weeks ago, I discussed the effect that the standoff with North Korea was having on gold. While I stressed that this crisis was different than most and represented a very real near-term risk, I also cautioned that these types of issues usually had only a transient effect on gold.
Even though this war of words with North Korea pushed gold right up to strong resistance at $1,300, I warned you not to buy the metal based on this development. As it turned out, North Korea was pushed out of the headlines by events in Charlottesville and other more-domestic worries. And in the interim, gold has bounced back and forth between $1,270 and $1,300...getting close but never quite clearing the hurdle of the next “big number.”
In other words, gold’s been teasing us.
The problem with this is that, if it doesn’t clear $1,300 and start making headway once again, many of the investors who’ve recently bought are going to start losing patience. The tide will turn, and we’ll have to start the whole process over again from a lower level. Patience Will Pay Off Don’t worry — even if we do fall back a bit from here, gold remains in bull-market mode and will find reasons to rise again.
The start of the big central bank confab at Jackson Hole, Wyoming tomorrow could provide some impetus in the very near term. Fed Head Janet Yellen is likely to say something dovish while ECB chief Mario Draghi is more apt to note that tightening will come at some point than to re-emphasize his loose-money proclivity.
Either or both of these would provide a bullish jolt to gold.
In addition, I do believe that the North Korea issue will re-emerge. There has been no resolution yet, and you can bet that we’ll be dancing along the brink again soon.
Elsewhere, I don’t see any signs of a recession in the U.S. economy until well into next year at the earliest, although some negative data points could force the Fed to adopt a more-dovish stance that would help gold.
Add in seasonal strength in physical demand coming up in the fall...a top-heavy U.S. stock market that could turn down at any time...plus the likelihood that President Trump will say or do something to send investors running into gold, and the odds favor a rally that will take gold well over $1,300.
Still, we need to be prepared for a correction in the near term.
There are a few ways to do this, including some powerful strategies for profiting no matter what direction gold heads over the coming weeks.
Let’s explore a few of them.... 
All-Weather Gold Strategies One of the best ways to profit regardless of where metals prices trend is through junior exploration stocks.
A big discovery will send a small explorer’s share price soaring even if gold and silver are falling at the same time.
Of course, this high potential is matched by higher risks. There’s no such thing as a free lunch, and you have to be able to withstand steep losses occasionally to gain exposure to big winners.
But one way to mitigate the risks is to educate yourself on the sector. This includes subscribing to the best newsletters focused on the sector, as well as attending conferences where you can learn strategies, discover new opportunities and talk to companies face to face.
In Gold Newsletter we use an extensive network — built over more than 45 years at the epicenter of the industry — to find opportunities that appear to offer higher potential with less risk.
We’ve been pretty successful. In fact, I can’t think of a newsletter that’s done it better over the past few decades. In particular, in recent weeks I’ve been recommending a handful of companies that were in the process of drilling truly exceptional targets.
I’ve practically begged my Gold Newsletter readers to buy these companies before the results came in...and those who did have enjoyed some tremendous gains.
Consider GT Gold (GTT.V; C$1.38), a company drilling a high-profile target in British Columbia’s fabled “Golden Triangle.” The first drill results came in just as I’d expected, with long intersections of high-grade gold.
In reaction, the share price has more than quadrupled since I recommended it to our subscribers in February. (Don’t buy it right now, though — I’ve moved it to a “hold” after this big move and advised our readers to take some profits.)
Another one of our drill-hole recommendations soared 25% just yesterday! (It’s still a buy, so I have to save the details for our Gold Newsletter subscribers.)
The key point here is that knowing the best management teams...being able to pin-point the highest potential exploration targets...finding the right times to buy...can dramatically shift the odds of success in your favor.
Gold Newsletter has proven over decades and many market cycles that it’s among the best advisories in the market. And I recommend that you click on the accompanying ad that will allow you to subscribe at half price.
I also recommend a few other high-quality newsletters in the sector in our Investor’s Guide to Gold and Silver, which you can download for free at GoldNewsletter.com. You’ll find all the details you need to subscribe to them.
Again, there’s no such thing as a free lunch, and you’ll have to pay to subscribe to the best newsletters. But considering the tremendous potential profits to be had in this sector, spending a thousand dollars or so to subscribe to a few of the best newsletters is one of the best deals you’ll find in your investing career. Other Ways To Learn... As I noted above, one of the best ways to educate yourself on the junior exploration sector — and to discover specific, high-potential opportunities — is to attend conferences where you can mingle with top experts and company management teams.
You’ll see an accompanying ad for our next “Money, Metals and Mining” cruise, and I strongly suggest that you click on the link to learn more. This is going to be the most luxurious and exciting cruise we’ve ever organized, and the opportunity to spend days at sea with top experts is unparalleled.
And of course, there’s the “granddaddy” of investment events, the one that started it all and remained the standard for the industry, the annual New Orleans Investment Conference.
This year’s event will feature Charles Krauthammer, Tucker Carlson, Robert Kiyosaki, Peter Schiff, Rick Rule, Doug Casey and dozens of today’s top experts in geopolitics, economics and investing... ...including, of course, yours truly.
With the metals and mining markets heating up, this is going to be one of our most rewarding events in years.
The issue we have is that registrations are starting to flow in quickly, and we could sell out of our hotel again, just like last year.
If you want to attend, or at least learn more, CLICK HERE. You’ll have the chance to save up to $400 on your registration and get a Gold Club upgrade (a $189 value) for free.
These might not seem like “hot picks” but, believe me, these are the most powerful secrets to finding consistent, rich profits in the junior mining sector.
I urge you to take advantage of them. All the best, 
Brien Lundin
Editor, Gold Newsletter
CEO, the New Orleans Investment Conference |
