So what should you do today? I would urge you to consider adding a WMKRMǻGERXEQSYRXSJKSPH and gold-related stocks to your portfolio. So what should you do today? I would urge you to consider adding a significant amount of gold and gold-related stocks to your portfolio. You wouldn’t be buying these assets because you expect gold to be a good investment or because you expect gold mining to become a great business. Instead, you’d be buying these assets as a hedge against your other holdings that are denominated in U.S. dollars. If there’s a major capital flight away from the dollar, gold will soar. If we see “real” yields on the 10-year Treasurys hold below zero, I expect gold will surge to more than $2,500 an ounce very quickly... on its way to $10,000 an ounce. This kind of a move will send some small gold-exploration companies up 10,000% or more. That’s why it’s a good idea to spread your gold investments around in a wide range. Now is the time to establish a major position in gold and silver .
I’ve predicted that gold would reach $2,500 per ounce. That call is already looking prescient – gold has risen by about $100 in just a few months and is now trading around $1,500 an ounce as of mid-September. At that 0% level, there’s virtually no financial reason investors would want to hold the dollar. And at that point, the entire world’s financial system begins to turn upside down. If the dollar isn’t the base anymore, what is? When big investors flee from the dollar, they flee into gold... Gold, as you may know, recently broke out to a six-year high. That’s not because we’ve seen any change, whatsoever, in the supply and demand characteristics of the gold market. Wise and knowledgeable investors can see that a return to crisis conditions is coming. And they’re positioning themselves to weather the storm in these alternatives to the paper- money financial system. Will this new phase of the crisis be the end? Will this be the “End of America” that we’ve been predicting will eventually occur, as people all over the world flee the tyranny of the U.S. financial system? We don’t know, of course. But it is long, long overdue.
Porter Stansberry founded Stansberry Research in 1999 working on a borrowed computer at his kitchen table. Since then, Porter has written and produced some SJXLIQSWXMQTSVXERXƳERHSJXIRGSRXVSZIVWMEPƳ[SVOMRXLIǻRERGMEPEHZMWSV] business. His most recent book, The Battle for America: Why the 2020 Election Will Cause the Biggest Financial Crisis in U.S. History , can be found here.
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September 2019
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