Gold stocks: Prepare for a ‘violent move to the downside’

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.

Consider this…

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…



Leave a Reply

Recent Posts

Trump Supporters: Get Your 2020 'Keep America Great' Shirts Now!

Are you a proud supporter of President Donald Trump?

If so, you’ll want to grab your 2020 re-election shirt now and be the first on your block to show your support for Trump 2020!

These shirts are going fast so click here to check for availability in your area!


More Popular Stuff for Trump Supporters!

MUST SEE: Full Color Trump Presidential Coin (limited!)

Hilarious Pro Trump 'You are Fake News' Tee Shirt!

[Exclusive] Get Your HUGE Trump 2020 Yard or House Flag!