Friday, September 16, 2016 2:52:20 PM
...I maintain that the absolute most profitable way to leverage rising gold prices is junior mining and exploration stocks. High-quality junior gold stocks were the top performers during the run-up in precious metal prices in 2011. I expect them to perform similarly as gold prices march higher.
So while gold may be losing some of its luster due to generally horizontal trading over the past few weeks, I am still quite bullish — especially from here. There's little chance the Fed will move rates next week, despite its hints.
I expect to see gold prices immediately jump next Wednesday following the announcement to hold the overnight rate. And after that, I see gold continuing higher. So I strongly urge you to buy gold and gold stocks now.
Luke Burgess
Wealth Daily
It is easy to figure out what you believe. The difficulty lies in determining - is what you believe the truth.
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