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Dear Fellow Investor,
We’re still pounding the table over gold.
Now at $2,656, we wouldn’t be shocked to see it at $3,000 by year end.
Not only is there a good deal of election uncertainty, but there’s explosive geopolitical tension with Russia and Ukraine, and with Israel going after Hezbollah, which could potentially lead to an escalation of regional conflict. Plus, with more interest rate cuts likely, gold should rally.
Helping, Goldman Sachs just price raised its price target on gold prices to $2,700 by early 2025. Analysts at Morningstar say gold could reach $2,600 by 2025. It could even rally to $3,000 by 2025, according to Bank of America. In fact, according to the analysts, "We believe gold can hit $3,000/oz over the next 12-18 months, although flows do not justify that price level right now," as quoted by Investing.com. Goldman Sachs says it could rally to $2,700 by 2025.
That being said, investors may want to jump into gold stocks such as: Company: Barrick Gold (SYM: GOLD)
With geopolitical tensions boiling over and uncertainty over U.S. elections, and the potential for further rate cuts, gold prices and the GOLD stock could easily push even higher. Last trading at $20.64, we’d like to see it test $25 near term.
GOLD was also upgraded to a buy rating by analysts at Argus Research with a $24 target.
“Barrick's results are linked to trends in gold production and pricing, and given global economic uncertainty, inflation, and the wars in Ukraine and the Middle East, gold has soared to cyclical high and likely will remain in demand,” said the firm, as noted by Seeking Alpha.
Huge Alerts
Major Uptick Ahead for this Biotech stock?
This Company is focused on manufacturing products that change lives, leveraging its proprietary BioREtain® processing method. BioREtain® has been developed by applying the latest research in regenerative medicine, focused on maintaining growth factors and preserving tissue structure.
Zack’s Small Cap Research increased its price target to $23.25, recognizing the company’s value after it reported Q1 financial results.
Get the name and ticker here.
Company: Newmont (SYM: NEM)
Analysts at Scotiabank just upgraded NEM to a sector outperform rating from a sector perform rating with a $30 target. Last trading at $55, we’d like to see NEM closer to $60. Scotiabank analysts expect for Newmont to show operational improvement and thus margin expansion in the second half of this year.
Centurion Publishing
Bezos, Musk, Altman, Microsoft all betting BIG on THIS
Some of the richest people on the planet are quietly shifting their fortunes to another new technology.
But before you think this is just another hot new fad…
You’ll want to see the story revealed in this video.
Because this new tech is even bigger than AI…
Bigger than self-driving cars, crypto, electric vehicles or anything else you might’ve heard about before.
See why Jeff Bezos, Elon Musk, OpenAI, Microsoft, Softbank, Intel and Nvidia are all betting big on THIS.
ETF: VanEck Vectors Gold Miners ETF (SYM: GDX)
Also, one of the best ways to diversify at less cost is with an ETF, such as the VanEck Vectors Gold Miners ETF (SYM: GDX). Not only can you gain access to some of the biggest gold stocks in the world, you can do so at less cost.
Street Signals
This Company Has Big Potential to Disrupt the Aviation Market
Earlier this month, we shared the name of a game-changing electric aviation company trading at $0.95. By week's end, it had peaked at over $1.60.
With its development of electric aircraft technology and strong industry partnerships, this company’s potential in the electric aviation market is tremendous.
Electric aviation will reshape the future of transportation, and this stock is leading the charge.
Don’t let this one go unnoticed. Do your research right now.
Get the name and stock symbol now.
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