Best of the Week
Most Popular
1. Crude Oil Price Trend Forecast - Saudi's Want $100 for ARAMCO Stock IPO - Nadeem_Walayat
2.Gold Price Focusing on May Cycle Bottom - Jim_Curry
3.Silver, silver, and silver! There’s More Than Silver, People! - P_Radomski_CFA
4.Is the Malaysian Economy a Potemkin Village - Sam_Chee_Kong
5.Stock Market Study Shows Why You Shouldn’t “Sell in May and Go Away” - Troy_Bombardia
6.A Big Stock Market Shock is About to Start - Martin C
7.A Long Term Gold Very Unpopular View - Rambus_Chartology
8.Stock Market “Sell in May and go away” Study When Stocks Are Down YTD - Troy_Bombardia
9.Global Currency RESET Challenge: Ultimate Twist - Jim_Willie_CB
10.The Coming Silver Supply Crunch Is Worse Than You Know - Jeff Clark
Last 7 days
What if This Week’s Rally in Gold is Already Over? - 24th May 18
EUR/USD – Reward for Bears - 24th May 18
5 Terrible Trading Mistakes That Rookie Investors Keep Making - 24th May 18
More Clarity for the Short Term for Bitcoin Price - 22nd May 18
Study: A Rising and Strong U.S. Dollar Isn’t Consistently Bearish for the Stock Market - 22nd May 18
Gold, Silver & US Dollar Updates with Review of Latest COTS - 22nd May 18
Upside DOW Stock Market Breakout May Be Just the Beginning - 22nd May 18
5 Reasons Why Forex Trading Is Becoming Such A Big Deal In SA - 22nd May 18
Fibonacci And Elliot Wave Predict Stock Market Breakout Highs - 21st May 18
Stock Market Ideal Cycle Low Near - 21st May 18
5 Effects Of Currency Fluctuations On The Economy - 21st May 18
Financial Conditions are Still too Easy for the Stocks Bull Market to End - 21st May 18
US Stock Market Elliott Wave Predictions for 2018 and Beyond - 20th May 18
Are You Still Fearful of Cryptos? - 20th May 18
US Stocks - Why I am Short-term Bearish, Medium-term Bullish - 20th May 18
Looking for a Turn in Gold Price - 20th May 18
GDX Gold Mining Stock Fundamentals 2018 - 19th May 18
Semiconductor Stock Market Canaries: Chirp, Warble… Soon a Croak and Silence? - 19th May 18
Three Drivers of Gold Price - 18th May 18
Gold Market in First Tertile of 2018 - 18th May 18
What Happens Next When Small Cap (Russell) Leads the Stock Market - 17th May 18
Negative Signs for EUR/USD? AUD/USD - Battle - 17th May 18
DOW Jones and CRUDE Oil on a Cliff Edge, Waiting for a Nudge! - 17th May 18
Gold Price No More Subtleness – It’s Show Time! - 17th May 18
VIX Cycles Point to Stock Market Correction - 17th May 18
Trump Sounds End Times Armageddon Trumpet for Jerusalem, Israel Evangelical Prophecies - 16th May 18
Our Next Stock Market Dow Fibonacci Price Targets – Get Ready! - 16th May 18
The Coming Copper Crunch - 16th May 18
Stock Futures Are on a Sell Signal - 16th May 18
What to do When the IRS Comes for Your Property - 16th May 18
IS BITCOIN ANONYMOUS? - 16th May 18

Market Oracle FREE Newsletter

Trading Lessons

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

© 2005-2018 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules