From Dr. Steve Sjuggerud, Editor, True Wealth:
That was my headline exactly three months ago in DailyWealth.
In that essay, I wrote: “Mining stocks have crashed 64% in the past 18 months. We’ve only seen declines that extreme three other times since 1974. And each of those led to massive returns.”
To be specific: “The average three-month return was 24%. And 77% gains were the average after one year. We’d be foolish to ignore this trend.”
Shockingly, the average gain two years after these big busts was more than 100%!
These aren’t gold stocks that I’m talking about, by the way… These are what I call the “Masters of the Universe” – the global mining companies that control the world’s largest and most coveted mining projects.
When the stock prices of the global mining giants get going, triple-digit gains aren’t just…