From Brett Eversole, Analyst, True Wealth Systems:
Gold is up… And it could go up a lot more…
A gain of 16% to 19% over the next year is entirely possible, based on history.
Let me explain…
Yesterday, I told you about the buying opportunity that just appeared in the Japanese yen. The story for gold today is nearly identical – but the potential gains are much bigger.
The yen has three things in its favor:
It has fallen dramatically since 2011, It has jumped recently in a short period, and It’s “up” over the last 12 months, for the first time in years.
These last two things had led to great returns over the NEXT 12 months, based on history.
Gold is in almost the same situation as the yen – but as I said, the upside is much greater…
From its peak in 2011 to its trough in…This post was originally published on this site