Markets

Gold and precious metal stocks – the next buy signal is emerging

Dear readers,

Gold is in the early stages of a long-term bull market. Neither my technical indicators leave any doubts about that, nor do the extremely bullish framework conditions of a completely dubious monetary and national debt policy.

Central bankers and politicians run wild

All over the world, politicians and their central bankers are out of control and pursue a policy which in the past has always led to the destruction of wealth, currency devaluation, the impoverishment of large sections of the population and great social and international tensions. I therefore fear that the path we have chosen around the world will have similar consequences this time too. You should protect yourself from that!

Gold is still valued very cheaply

That’s why I’ve been recommending gold as a strategic investment and gold mining stocks for wealth creation for some time. You could now say that gold produces nothing, pays no interest or dividends, has no industrial use worth mentioning, and its safekeeping even incurs costs. What are the advantages of gold? Why should i invest?

It is true that, unlike stocks, bonds or real estate, gold cannot be valued using classic fundamental analytical methods such as a cash flow model or discounted corporate earnings.

But based on four functions that gold can fulfill, it is possible to arrive at a valuation. This is exactly what I have in the monthly edition of my stock market letter, Crisis-Safe Investing, published on Tuesday, September 29th done. Here I sketch and analyze these four functions and show you based on key figures that gold is still valued very cheaply despite the price increase in recent months.

Gold price per ounce in $, 2018 to 2020

Gold is still in the early stages of a long-term bull market with great profit potential.

Source: StockCharts.com

The next tactical buying opportunity is imminent

In early August, the price of gold rose to over $ 2,000 an ounce. As expected, it thus reached the second upper band of my price band indicator, which then signaled the beginning of a correction. This correction, which began shortly afterwards, is slowly coming to an end. My price range indicator has not yet given the next buy signal. But everything speaks for the fact that this will happen in the coming weeks.

The importance of these signals affects the entire precious metals sector. In particular, I use our price range indicator to identify excellent buying opportunities in selected gold mining stocks. Here you have chances of exceptionally large price gains that you should not miss.

Selected silver mining stocks very attractive

My analyzes show that at the moment, selected silver mines may show even higher profits than gold mines. That is why Roland Leuschel and I have our thematic issue “Silver and Silver Mining Shares” published at the same time as the October issue of my stock market letter Dedicated to this exciting topic and closely examined 7 silver stocks for you.

Because the next upward wave in the precious metals sector promises to be even stronger than the previous ones, especially for some silver mines. Take this chance. Try out crisis-proof investing now – 30 days free of charge including the current thematic issue “Silver and Silver Mining Shares”, which is now available as a gift, so to speak.

I wish you a nice weekend,

you

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Claus Vogt, Editor-in-Chief of Crisis-Safe Investing

P.S .: By the way, Warren Buffett’s gold mine position is already having the effect I expected: You can find out which US pension fund has invested in gold in Crisis-proof Investing.

P.P.S .: If you want to get through this crisis week after week, please request the free Claus Vogt market comment here today easily with your email at.

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