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Gold Mining Stocks May Be The Buy Of The Century
The Dow Jones has been falling all week and continues lower today on this Friday the 13th.
When looked at from a longer term chart, through the lens of the 7 year cycle, it looks very toppy.
As you can see there were major pullbacks in 2001 and 2008… and so far in 2015 there was the beginning of a major pullback in August followed by a weak rebound in October that now seems to be turning over.
We are still expecting major events to occur this fall and for 2016 to shock the world.
Aside from shorting the market (which we did in August to the tune of a 4,500% gain and will be re-iterating our put option trade to subscribers this weekend) one sector that stands to gain tremendously once the collapse continues is the sector hardly anyone talks about: the mining sector… and in particular the precious metals mining sector.
The reason hardly anyone talks about it is because the gold mining sector has now reached the longest lasting AND worst market in history.
The bear market has now lasted nearly five years and gone down nearly 80% in value in that time frame!
In fact, in comparison to the price of gold, the gold stocks are now at their lowest level in modern history.
Published on 10 years, 1 month ago