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Do Your Really Want $5,000 to $10,000 Gold?

Commodities / Gold and Silver 2017 Sep 07, 2017 - 08:12 PM GMT

By: Dudley_Baker

Commodities

It’s Time to Buy Gold as Insurance.

Investors in the resource sector are starting to lick their chops at the prospects of $5,000 to $10,000 gold within the next few years or perhaps sooner.

Mining shares and especially the junior mining and exploration companies should soar in price with many 10 baggers, 20 baggers and more.



However, do you really think gold is going to $5,000 just because?

Will we really like what we see in the world? Probably not.

This old world is getting pretty scary right now with the world political events, the North Korean situation, the U.S. Dollar declining, etc.

Yes, I do believe that we will see $5,000 plus gold and yes, we should all make many, many dollars from our investments. Remember that most of the big boys, Frank Holmes, Rick Rule, Doug Casey and others always preach that investors should invest in gold for insurance to protect one’s other investments/assets.

They usually suggest an allocation to gold of 10% or so of investors assets.


What if this is the time that your insurance really pays off?

What if your gold investment becomes 100% of your assets and you lose everything else? Are you prepared for this unlikely, but yet possible outcome?


Remember that insurance only pays off when something bad happens, i.e., a catastrophic event, major financial crisis, major weather event, perhaps a North Korea gone wild firing nuclear weapons in our direction, etc.

Consider our friends and families in Texas and Louisiana today suffering from the effects of Hurricane Harvey. Even if they have insurance, they have still unfortunately lost everything. Better to have insurance for sure, but most did not and if they did it will not come close to replacing what they have lost and what they have gone through in the last 10 days or so.


In my opinion, this is the time for investors to own gold and silver as well as shares trading in the resource sector as insurance. This insurance could just safe your financial life. I would suggest investors consider a higher allocation to gold, silver and shares at this time due to what I see coming.


I encourage investors to visit my website and join my free email list and receive a copy of “The Stock Warrant Handbook”, Your Personal Guide To Trading Stock Warrants.

Dudley Pierce Baker
Guadalajara/Ajijic, Mexico
email: support@CommonStockWarrants.com
website: www.CommonStockWarrants.com

Disclaimer
Neither Dudley Pierce Baker nor CommonStockWarrants.com are investment advisors and any reference to specific securities does not constitute a recommendation thereof. Neither the information, nor the opinions expressed should be construed as a solicitation to buy any securities mentioned in this Service. Examples given are only intended to make investors aware of the potential rewards of investing in Warrants. Investors are recommended to obtain the advice of a qualified investment advisor before entering into any transactions involving stocks or Warrants.

Disclaimer/Disclosure Statement:PreciousMetalsWarrants.com is not an investment advisor and any reference to specific securities does not constitute a recommendation thereof. The opinions expressed herein are the express personal opinions of Dudley Baker. Neither the information, nor the opinions expressed should be construed as a solicitation to buy any securities mentioned in this Service. Examples given are only intended to make investors aware of the potential rewards of investing in Warrants. Investors are recommended to obtain the advice of a qualified investment advisor before entering into any transactions involving stocks or Warrants.

Dudley Pierce Baker Archive

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