Get Ready for the Biggest Gold Move in Years

April 19, 2017 Justin Spittler Research Analyst     Make the trend your friend. Every investor has heard this advice. It means that you should swim with the tide, not against it. In other words, don’t buy stocks that are in free fall. And don’t bet against stocks that are soaring. After all, a trend in motion tends to stay in motion. With that said, bull markets don’t last forever. The same goes for bear markets. This is important because you can make an absolute fortune by buying an asset as it exits a bear market and enters a new bull market. One of the safest and most proven ways to do this is to buy an asset right after it “breaks out” of a downtrend. Just look at what uranium stocks did when they broke out of a multi-year downtrend in December. The Global X Uranium ETF (URA), which holds 22 uranium stocks, jumped 45% over the next couple months. Here’s another example. This chart shows the performance of the VanEck Vectors Coal ETF (KOL) since the start of 2011. KOL invests in 27 coal stocks. Like uranium stocks, coal stocks were in a downtrend for years. But they broke out of that last September. Since then, the average coal stock is up 35%. • These are big gains for such short periods… Unfortunately, most investors never take advantage of these situations. That’s because they don’t realize that an asset’s broken out until it’s already up 30%…40%…or even 50%. By then, it’s too … Continue reading