Your Path to Riches [A Special Gold Report]
I’m not a greedy person.
And while I like nice things, I’m far from materialistic.
But like every man, woman or child, I do have some simple wants and needs.
And the No. 1 want/need on my wish list for 2019 includes Canadian Maple Leafs, Chinese Pandas and American Eagles.
No, I’m Not Starting an Eclectic Nature Preserve
But I am talking about gold coins, and the reason I want some is because I expect gold prices to shoot much higher this year.
While the stock market was getting hammered to close out 2018, gold was doing exceptionally well, and still is. In fact, gold is up almost 9% since August.
Moreover, gold is one asset that isn’t over-inflated, sitting roughly $600 below its 2011 highs.
And over the last nine months, the price of gold has been setting a series of higher lows and higher highs. This shows strong momentum in the yellow stuff.
I expect gold to be one of the most productive assets you could own in 2019.
And looking at gold charts today only reinforces my bullish sentiment. Gold has built a monster base since it registered its bear-market lows in late 2015.
Perfect Conditions for a Gold Rush
When speaking about this with our trading expert, Greg Guenthner, he pulled up gold’s chart and noted:
Over the past three years, gold has bounced off its lows near $1,050 and attempted several rallies that have all failed before hitting $1,400.
Now a five-month rally is setting the Midas metal up for what could be its most important breakout in more than a decade:
If gold can continue to rally and break above $1,400, we could very well witness the beginnings of the next great bull market in bullion.
And I’m not the only gold bull out there betting big on the yellow metal.
Wall Street gold trading legend Rob McEwen pulled no punches earlier in January, putting his credibility on the line, as he predicted gold could reach $5,000 an ounce by the end of 2019.
Now that’s quite optimistic, but even if we see a 20% rise in gold over the next six–12 months, that would give us a price target of $1,562 at least.
Not too shabby! And all the more reason to claim your stake at the deep discount gold offers you today rather than the premium you may have to pay tomorrow.
Here’s to growing your wealth,
Chief Income Expert, Mike Burnick’s Wealth Watch