From Ben Morris, Editor, DailyWealth Trader:
In all likelihood, gold stocks are going to drop.
It will be sharp… And you need to be prepared.
If you’re not, you could miss out on some of the biggest gains of your life.
On October 27, 2008, gold stocks (as measured by the NYSE Arca Gold BUGS Index) bottomed. They shot 48% higher over the next week. Folks who bought gold stocks that week saw shares tumble 25% over the next two weeks.
Disheartened, some of those folks – folks who miraculously caught a multiyear bottom within days – sold out. Many would have taken losses.
Imagine how they felt when gold stocks soared 80% over the next month… and 280% over the next three years.
Did they get back into gold stocks just after their trading defeat? Would you have?
This is just an example. Every bull market is…