The macro landscape keeps tilting bullish for gold, in my opinion. The news that came at us recently, from the tapering announcement to the payroll beat to last week's (woah strong) inflation print, would have sent gold tumbling a few months ago. Last week, things had clearly changed, such that gold was up 5.4% to close last Wednesday at US$1,859 per oz.
If I’ve shifted to distinctly bullish, what’s the plan?! It is to buy stocks that should offer the first best returns early in this next leg of the bull market. I ran through some of my Top Picks for easy wins over the next 6+ months. To find out what they are, subscribe today.
Peter Krauth is a former portfolio adviser and a 20-year veteran of the resource market, with special expertise in precious metals, mining and energy stocks. He is editor of two newsletters to help investors profit from metal market opportunities: Silver Stock Investor, www.silverstockinvestor.com and Gold Resource Investor, www.goldresourceinvestor.com. In those letters Peter writes about what he is buying and selling; he takes no pay from companies for coverage. Peter has contributed numerous articles to Kitco.com, BNN Bloomberg, the Financial Post, Seeking Alpha, Streetwise Reports, Investing.com, TalkMarkets and Barchart, and he holds a Master of Business Administration from McGill University.
"I really like your work. Discussing why physical is important shows a complete grasp of your field--not just some stocks. The "strengths" and weaknesses conclusion is a concise summary that I haven't seen before"