The world’s largest hedge fund just took a massive stake in gold.  Bridgewater, founded by Ray Dalio, revealed in its latest 13F filings that it’s now buying gold. It’s exactly what I’ve been predicting: major hedge funds controlling billions are piling in. Dalio and Bridgewater won’t be the last. They’re just the first. Why? Two reasons: First — With gold over $3,000, the best gold companies are practically printing money. My top four picks have Free Cash Flow many multiples higher than their valuations. In plain English: You could buy the most profitable gold miners at discounts as deep as 90%. But these discounts won’t last as institutional buying accelerates. If you want access to my top four picks, go here now. Second — Bridgewater’s move kicks off a trend. And my research shows Buffett is likely to follow. He’s sitting on $350 billion in cash. But U.S. Treasuries have lost up to 46% of their purchasing power vs. gold since September 2022. At his last shareholder meeting, Buffett admitted: “We wouldn't want to be owning anything that was in a currency really going to hell.” Buffett’s next move? I believe he’ll take a major position in gold. I even know which company he could be eyeing. And it’s trading 40% below fair value right now. If you want the potential to “front run” Buffett and get the name and ticker of the miner I believe he’ll buy, click here for details on the Buffett Indicator. Best, Garrett Goggin, CFA, CMT Chief Analyst & Founder, Golden Portfolio
P.S. Dalio bought a gold ETF… I don’t recommend that for the average retail investor. The real upside is in profitable miners selling at deep discounts. I call this price gap the Golden Anomaly — and I’ve put together a full report on my top four picks. Read it here for FREE. Garrett Goggin, CFA, CMT Chief Analyst & Founder, Golden Portfolio |
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