Dear Reader, Gold just hit a new all-time high in US dollar terms.  | Source: Wall Street Journal |
On Monday 5 March 2024, the gold futures contract for April settled at $2,126.30 per ounce. That’s the highest level since the contract's creation in 1974. Most importantly, alongside the record move in the spot price, some gold miners are beginning to move again… The VanEck Gold Miners ETF [ASX:GDX] just closed higher again, for its third consecutive day of gains. It’s now trading above its 50-day moving average – an extremely bullish signal for gold stocks. Plus, some individual Aussie gold miners are already up double-digit percentages off their recent bear market lows… And some are up by triple digits! Not all gold miners are up of course. This is still a very risky part of the ASX. But according to one professional gold analyst, this is just the beginning of what could be a historic bull market in Aussie gold stocks. The best part is, he says there’s typically a short lag time between the gold price rising and certain gold stocks rocketing higher. ‘We’re in that window right now,’ he says. Don’t miss your chance to capitalise on what could be the single greatest investment opportunity in 2024. Click here now to find out all the details on how to play this opportunity today. Cheers, James Woodburn, Publisher, Fat Tail Investment Research |