By Tom Dyson, editor, Postcards From the Fringe A lot of smart people have bought gold. Sam Zell, Ray Dalio, Stanley Druckenmiller, Paul Tudor Jones, Jeffrey Gundlach, Paul Elliott Singer, Seth Klarman, Mark Mobius – these guys are all wealthy investors. And they’re all long gold. Now, gold is up 63% from its lows in 2015. If you haven’t bought gold yet (and you’re a cheapskate like me), you may be worried you’ve missed the boat. But it’s not too late. This is what you have to do… (More below.) Recommended Link | Tom's Portfolio Closes at Midnight Tonight
Until midnight tonight, you can claim $1,500 off Tom's Portfolio, plus a $2,500 bonus… and try it with a 100% Satisfaction Guarantee. It's Tom Dyson's brand-new product, showing you how he's allocated $1 million of his own money. And how you could make 10 times your money by following his portfolio… outside of regular stocks... beginning immediately. The last time Tom was this excited about an opportunity, he got into bitcoin, just before it rose 302,000%. Just remember: This charter offer expires at midnight tonight. After that, you'll be too late, and this opportunity will expire. | | - | Boondocking in Rural Florida Last week, we left Kate’s parents’ house with our kids, our suitcase, an old battered pop-up camper designed to sleep three, and a plan to drive to Alaska. First, we stopped in Port St. Lucie. We spent two nights in a state campground on the edge of a beautiful swamp. Kate and the kids did their schoolwork in the morning while I did my writing work. In the afternoon, the kids threw rocks into the swamp and played hide-and-seek among the live oaks with a local boy, Brock. We saw two alligators. Then we drove 200 miles northwest. I found a new camp on an app that’s similar to Airbnb, except it’s for connecting campers with landowners. (The app’s called Hipcamp.) I chose another place next to a swamp called Camp Outlaw, in rural Florida somewhere west of Orlando. We paid $20 a night to boondock. (Boondocking means foregoing electric and water hookups. It’s the most primitive style of RV camping.) The description said Camp Outlaw was a campground. But I imagine most of the campers there were long-term residents, so I’d describe it more as a trailer park. We found the roads in Central Florida to be full of traffic. The economy appears to be functioning normally (from what we could tell). Camp Outlaw was busy, too. There were RVs and trailers parked all over the property. Big pickup trucks with throaty engines came and went every few minutes. This is what our bathroom looked like… Our bathroom at Camp Outlaw And here we are having dinner at the community picnic table with some other campers we met a few minutes earlier. The little girl is Shilo, and her mom is Sage… Hanging out with Shilo and Sage I’m writing this message to you now from my bed in our pop-up. Kate and the kids are sleeping next to me and we’re being serenaded by frogs, crickets, and all sorts of other swamp noisemakers… Recommended Link | This Class of Stocks Has the Potential to Make Investors Rich in 2020 The rare-earth crisis of 2010 had stocks like Quest Rare Minerals up 481%. Alkane Resources scaled 953%. Great Western Minerals soared 706%. Medallion Resources popped 415%. Obviously, these aren't your everyday gains. But it could happen all over again. The rare-earth crisis of 2020 is here and these stocks are popping up 10% within days. If you're prepared to take swift and decisive action, this could be right for you. | | -- | A Simple Exchange Back to gold… I’ve been promoting a simple exchange: Sell stocks, buy gold. Now, keep in mind that we’re not buying gold as an investment. We’re simply lightening up on passive stock market investments like ETFs, robo-index funds, mutual funds, stock ETFs, and buy-and-hold stock market strategies… and moving to the sidelines (in gold) until stocks get cheap enough for us to buy them again. In other words, we are using gold primarily as money – a safe haven – and not as a speculation on higher gold prices. This is why I’ve put the bulk of my money into physical gold. It’s a way to keep us safe while the investment markets correct. This chart shows what I’m talking about. It shows stocks (specifically the Dow) priced in gold. As you can see, the primary trend in the stock market has been DOWN since October 2018, when it peaked at around 22. It’s currently around 14. And it’s on its way to below 5. By owning gold, we set ourselves up to buy stocks at some point in the next five to 10 years at much lower valuations than they are today. And as such, the only thing that matters is how gold performs relative to stocks. Its nominal price of $1,700 – or whatever it is today – is irrelevant. So if you’re worried that you’ve missed the boat, keep in mind this trend still has a long way to go. And if the daily moves in the markets are keeping you up at night, remember what I’ve said before: Focus on the process, not the results. Regards, Tom Dyson Editor, Postcards From the Fringe P.S. Like I mentioned above, I have the bulk of my portfolio in physical gold. But my strategy does involve other plays, in smaller amounts. All in all, I’ve invested nearly $1 million in this strategy. And it’s not too late for you to get on the right side of the trend, too. Last Wednesday, I showed you why this could be the most important decision you make with your money over the next 10 to 20 years. If you missed my special briefing, don’t worry. You can watch the replay here. Reader Mailbag In today’s mailbag, several readers agree with Tom Dyson’s criticism of the way the Fed is handling the current economic crisis… and his reasons for sitting on the sidelines in gold. Bingo!!! I'm with Tom 100%. They KNEW the system was broken last fall. Usually a new war is introduced to create enough havoc and "necessary" spending to disguise the reorganization and stealing. But THIS time, they are using a phony flu panic to accomplish the same thing. – Stephen You guys have summed up the current situation pretty well. The Federal Reserve has had the power for years to do what the current members have done with the interest rates. Why they chose to create a stock market bubble, we don't know. But everybody who could have demanded some restraint chose not to intervene. Congress should figure out a way to insert some veto power in what they vote to do. They have voted to do things without considering what the results down the road might be. – Ronald And another reader shares their appreciation for the experts at Casey Research, who have remained cautious and rational in their guidance amid this pandemic: For the last few weeks, stocks have been bouncing hard from the bottom. I think they are going up way too much, and most investors are unreasonably optimistic about a V-shaped recovery. I think your teams have done an incredible job discussing how the stock market is getting ahead of itself, and consumer behaviors will definitely change as the result of this virus. Thanks. – K.W. We love hearing this feedback from our readers. Keep sharing your thoughts with us at feedback@caseyresearch.com. In Case You Missed It… "Breathtaking Stimulus"… Could End Financial Freedom As We Know It Are you struggling to get your head around the $2.2 trillion "stimulus" politicians just unleashed in the wake of the coronavirus panic? If so… you're not alone. While most people applaud this bold move by our political leaders to “save the economy”… Former congressional insider Dan Denning discovered a dangerous secret about so much government influence on the money supply. For three years, Dan’s been warning readers: “If you are an investor… own life insurance or annuities… or have substantial savings in an FDIC-insured bank account… then you need to be aware of serious risks.” Now, everything Dan predicted is coming true – at an alarming pace. Even more disturbing is the story Dan uncovered. It dates all the way back to 1933… When a radical group of political insiders developed a plan for the government to take over America’s money supply during an emergency… an emergency like the COVID-19 shutdown. Today, a new group of insiders in Washington want to implement this 87 year old plan. And the result could be the end of financial freedom in America. You don’t have much time to protect yourself – and your savings. Go here to see what you should do. |
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