Editor's note: With gold surging higher in recent weeks, you're probably wondering what's next... So at 9:30 a.m. Eastern time this morning, we've set up a Gold Rally Kickoff Call with gold-investing legend John Doody. He's planning to share his outlook for 2020. And most important, he'll also cover a gold stock strategy that could lead to huge outperformance in the months ahead. Just tune in at www.StansberryGold.com. You'll get the full picture on what's happening in the gold markets today. And once you read today's essay, we think you'll see just how important that is... What Billionaires Are Buying as Protection From the Next Crisis By Dr. Steve Sjuggerud "Steve, you can't buy kilo bars of gold in Europe right now... not even if your life depends on it." Yikes! That's how my conversation with Van Simmons started earlier this month. It was the same when I spoke to him in March. I told DailyWealth readers that there was no gold, and it was time to think about adding precious metals to your portfolios. The situation hasn't changed... "My clients have asked, and my suppliers are clear. Nobody is selling," Van continued. "Just a few weeks ago I could go to Europe, and I'd be able to get 20 to 50 kilo bars at a time... Now it's all dried up." This situation is crazy enough. But as I'll explain today and tomorrow, there's more to the story. Let's get started... Recommended Links: | GOLD RALLY ALERT: No. 1 way to invest in gold [this morning] Gold legend John Doody – whose gold strategy has made audited gains of 923% since 2001, beating gold, gold funds, and more than tripling the S&P 500 Index – is coming forward for the first time in 2020 to share exactly where he thinks gold is heading next... and the No. 1 way to play it. John’s gold rally call will air at 9:30 a.m. Eastern time this morning. Click here to tune in. | |
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| Van is the man to talk to when it comes to coins and collectibles. He's spent decades studying rare coins, gold, and darn near everything collectible. His knowledge seems endless. And even though I've known him for more than a decade, it catches me off guard every time we speak. He remembers all the coins and their grades... their prices... how many were made... how many are on the market... how many he has owned over the years... and the history of their minting. Simply put, he has a gift when it comes to collectibles. And that gift, combined with decades of hard work, has led to incredible success. Today, Van's clients include billionaires... and people so prestigious he can't disclose their names. The level of trust he has built up with these high-end clients should get your attention. And fortunately for us, we're able to get his insights into what they're doing today. Right now, they're scared. But what they're fearful of might surprise you. You see, billionaires and the ultra-wealthy aren't just fearful of the COVID-19 crisis that's unfolding right now. They're afraid of the next crisis. And here's the crazy part... The next crisis is what most of us will think of as the recovery. That's because billionaires have different goals than most investors. They're focused not just on wealth creation... but also wealth preservation. And for that reason alone, you need to pay attention to what they're doing today. For them, managing their fortunes is like being the captain of a mega yacht. It's smooth sailing when you have a tailwind. But sail into a headwind by mistake, and it's going to cost you in fuel and time. Today, the choice is more important than ever. We're in stormy conditions. And you get one chance to choose which way to point your yacht. In real-world terms, this means making sure you protect what you have... not just from the initial crisis, but also from the decisions the government makes during the "recovery." Van told me that his high-end clients are turning to precious metals and collectibles as a way to avoid the next crisis. I recommend you do the same. Tomorrow, I'll explain exactly why this makes sense... and why the billionaires are so worried about what's coming. Good investing, Steve P.S. Another way to make this bet – with even higher upside potential – is in gold stocks. My colleague John Doody knows more about the sector than anyone. And he recently sat down with our publisher Brett Aitken to talk about the recent gold rally... and how you can not only preserve your wealth, but profit. So I urge you to tune in for our Gold Rally Kickoff Call at 9:30 a.m. by visiting www.StansberryGold.com. Further Reading "It's a situation you never see in precious metals," Steve writes. With all the recent turmoil in the stock market, three massive catalysts are setting up a perfect storm for precious metal prices. And now is the time to consider adding them to your portfolio... Read more here: "There Is No Gold..." Gold plunged along with stocks during their initial fall in March. You might think this goes against gold's longstanding reputation as a hedge against market disaster. But history shows that isn't the case... Learn more here: What to Make of the Kooky Action in Gold. | INSIDE TODAY'S DailyWealth Premium How you can make triple-digit gains in today's gold bull market... This asset has a history of performing best when stocks fall. Investors think of it as catastrophe insurance... a hedge against things going wrong... Click here to get immediate access. Market Notes HIGHS AND LOWS NEW HIGHS OF NOTE LAST WEEK DocuSign (DOCU)... Software as a Service Zoom Video Communications (ZM)... video conferencing Shopify (SHOP)... e-commerce "picks and shovels" Weis Markets (WMK)... grocery stores Johnson & Johnson (JNJ)... consumer goods Eli Lilly (LLY)... pharmaceuticals Quidel (QDEL)... medical diagnostics Barrick Gold (GOLD)... gold Newmont (NEM)... gold Franco-Nevada (FNV)... gold royalties NEW LOWS OF NOTE LAST WEEK American Eagle Outfitters (AEO)... "death of retail" Axis Capital (AXS)... insurance 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. |